Serco Group Given Buy Rating at Jefferies Group (SRP)

Serco Group (LON: SRP)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Tuesday. They currently have a $9.85 (655 GBX) target price on the stock.

Serco Group opened at 632.50 on Tuesday. Serco Group has a 52-week low of GBX 507.50 and a 52-week high of GBX 606.00. The stock’s 50-day moving average is currently GBX 580.8. The company’s market cap is £3.113 billion.

A number of other firms have also recently commented on SRP. Analysts at Seymour Pierce reiterated a “buy” rating on shares of Serco Group in a research note to investors on Tuesday. They now have a $9.92 price target on the stock. Separately, analysts at Espirito Santo Execution reiterated a “buy” rating on shares of Serco Group in a research note to investors on Tuesday. They now have a $9.47 price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of Serco Group in a research note to investors on Tuesday. They now have a $7.52 price target on the stock.

Serco Group plc is a holding company. The Company operates in five segments: Civil Government; Local Government and Commercial; Defense, Science and Nuclear; Americas, and AMEAA.

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