Peel Hunt Reaffirms Hold Rating for Serco Group plc (SRP)

Serco Group plc (LON:SRP)‘s stock had its “hold” rating restated by analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 123 ($1.62) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 22.63% from the company’s current price.

A number of other equities analysts have also weighed in on SRP. Liberum Capital reiterated a “hold” rating and set a GBX 120 ($1.58) target price on shares of Serco Group plc in a research report on Thursday, August 3rd. Shore Capital reiterated a “hold” rating on shares of Serco Group plc in a research report on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and set a GBX 168 ($2.21) target price on shares of Serco Group plc in a research report on Friday, August 4th. Finally, J P Morgan Chase & Co lowered their price target on shares of Serco Group plc from GBX 144 ($1.89) to GBX 142 ($1.87) and set a “neutral” rating on the stock in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 137.55 ($1.81).

Serco Group plc (LON SRP) opened at GBX 100.30 ($1.32) on Tuesday. Serco Group plc has a 1 year low of GBX 104.50 ($1.37) and a 1 year high of GBX 151.10 ($1.99).

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