Serco Group Given “Hold” Rating at Deutsche Bank (SRP)

Serco Group (LON: SRP)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a $9.02 (600 GBX) target price on the stock.

Shares of Serco Group opened at 634.10 on Wednesday. Serco Group has a one year low of GBX 507.50 and a one year high of GBX 606.00. The stock’s 50-day moving average is currently GBX 580.8. The company’s market cap is £3.120 billion.

A number of other firms have also recently commented on SRP. Analysts at Credit Suisse raised their price target on shares of Serco Group from $9.32 to $9.92 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Serco Group in a research note to investors on Tuesday. They now have a $10.52 price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” 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.

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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