Serco Group plc (LON:SRP)‘s stock had its “neutral” rating restated by investment analysts at J P Morgan Chase & Co in a report issued on Tuesday. They presently have a GBX 142 ($1.87) target price on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 20.44% from the company’s previous close.

A number of other research firms have also weighed in on SRP. Shore Capital reissued a “hold” rating on shares of Serco Group plc in a research note on Thursday, August 31st. Liberum Capital reissued a “hold” rating and issued a GBX 120 ($1.58) target price on shares of Serco Group plc in a research note on Sunday, July 2nd. Jefferies Group LLC reissued a “buy” rating and issued a GBX 168 ($2.21) target price on shares of Serco Group plc in a research note on Friday, August 4th. Peel Hunt lowered their target price on Serco Group plc from GBX 139 ($1.83) to GBX 123 ($1.62) and set a “hold” rating for the company in a research note on Friday, June 30th. Finally, BNP Paribas reissued an “outperform” rating and issued a GBX 175 ($2.30) target price on shares of Serco Group plc in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 137.33 ($1.81).

Shares of Serco Group plc (LON:SRP) opened at 117.90 on Tuesday. The firm’s market cap is GBX 1.29 billion. Serco Group plc has a 52 week low of GBX 104.50 and a 52 week high of GBX 151.10. The stock has a 50 day moving average price of GBX 113.69 and a 200 day moving average price of GBX 114.57.

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In other news, insider Ian El-Mokadem bought 50,000 shares of Serco Group plc stock in a transaction on Thursday, August 3rd. The shares were purchased at an average price of GBX 116 ($1.53) per share, for a total transaction of £58,000 ($76,255.59).

About Serco Group plc

Analyst Recommendations for Serco Group plc (LON:SRP)

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