Several other analysts also recently commented on SRP. Credit Suisse Group downgraded Serco Group to an underperform rating and reduced their target price for the company from GBX 120 ($1.63) to GBX 85 ($1.15) in a research note on Wednesday, January 3rd. Numis Securities restated a hold rating and issued a GBX 110 ($1.49) target price on shares of Serco Group in a research note on Thursday, December 14th. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 142 ($1.93) target price on shares of Serco Group in a research note on Thursday, December 14th. Liberum Capital restated a sell rating and issued a GBX 100 ($1.36) target price on shares of Serco Group in a research note on Monday, November 20th. Finally, Peel Hunt reduced their target price on Serco Group from GBX 123 ($1.67) to GBX 96 ($1.30) and set a hold rating for the company in a research note on Friday, December 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Serco Group has an average rating of Hold and an average target price of GBX 123.58 ($1.68).
Shares of Serco Group (SRP) traded down GBX 0.45 ($0.01) on Wednesday, hitting GBX 98.60 ($1.34). The stock had a trading volume of 3,083,013 shares, compared to its average volume of 3,110,000. The firm has a market cap of $1,100.00 and a P/E ratio of -1,972.00. Serco Group has a 12 month low of GBX 90.40 ($1.23) and a 12 month high of GBX 151.10 ($2.05).
About Serco Group
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