Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for Serco Group (LON:SRP)

Serco Group (LON:SRP)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 255 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 15.70% from the stock’s previous close.

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 230 price target on shares of Serco Group in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 264.50.

Serco Group Stock Performance

SRP traded down GBX 3.20 during midday trading on Friday, reaching GBX 220.40. The company had a trading volume of 6,041,277 shares, compared to its average volume of 15,740,694. The business has a 50-day moving average price of GBX 267.02 and a two-hundred day moving average price of GBX 283.91. The company has a debt-to-equity ratio of 104.09, a quick ratio of 0.98 and a current ratio of 0.93. Serco Group has a 12-month low of GBX 194.20 and a 12-month high of GBX 325.80. The stock has a market cap of £2.18 billion, a PE ratio of 15.66, a P/E/G ratio of 3.06 and a beta of 0.49.

Serco Group Company Profile