Serco Group’s (SRP) Neutral Rating Reaffirmed at J P Morgan Chase & Co

J P Morgan Chase & Co reissued their neutral rating on shares of Serco Group (LON:SRP) in a research report released on Thursday. They currently have a GBX 142 ($1.91) price target on the stock.

SRP has been the topic of a number of other research reports. Liberum Capital lowered Serco Group to a sell rating and lowered their price objective for the company from GBX 120 ($1.62) to GBX 100 ($1.35) in a report on Friday, November 10th. Shore Capital reiterated a hold rating on shares of Serco Group in a research report on Tuesday, November 14th. Peel Hunt reiterated a hold rating and set a GBX 123 ($1.66) price target on shares of Serco Group in a research report on Tuesday, November 14th. Finally, HSBC reduced their price target on shares of Serco Group from GBX 130 ($1.75) to GBX 105 ($1.41) and set a hold rating for the company in a research report on Friday, November 17th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 130.09 ($1.75).

Shares of Serco Group (SRP) traded down GBX 3.75 ($0.05) on Thursday, reaching GBX 93.95 ($1.26). The company’s stock had a trading volume of 5,747,139 shares, compared to its average volume of 3,110,000. Serco Group has a 12 month low of GBX 90.40 ($1.22) and a 12 month high of GBX 151.10 ($2.03).

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Serco Group Company Profile

Analyst Recommendations for Serco Group (LON:SRP)

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