Serco Group plc 28.1% Potential Upside Indicated by Jefferies International

Broker Ratings

Serco Group plc with EPIC/TICKER (LON:SRP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Serco Group plc are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 160 GBX on its stock. This now indicates the analyst believes there is a possible upside of 28.1% from today’s opening price of 124.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.1 points and increased 14.5 points respectively. The 1 year high share price is 138.3 GBX while the 52 week low for the stock is 83.6 GBX.

Serco Group plc has a 50 day moving average of 125.66 GBX and a 200 Day Moving Average share price is recorded at 105.83. There are currently 328,344,724 shares in issue with the average daily volume traded being 2,386,115. Market capitalisation for LON:SRP is £1,365,737,716 GBP.

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    Serco Group Plc secures a $247M contract with the US Army to enhance soldier readiness and performance under the Holistic Health and Fitness (H2F) System.
    Serco Group plc announces the appointment of Anthony Kirby as the new Group Chief Executive, succeeding Mark Irwin, who will retire in February 2025.
    Serco Group plc anticipates strong 2024 results, with upgraded cash and net debt guidance. Revenue is projected at £4.8bn, with profits up by 9%.
    Serco Group's contract for Australian immigration detention services ends December 2024. A transition plan is in place following the failed rebid.
    Serco plc (LON:SRP) completes acquisition of European Homecare (EHC), enhancing immigration services in Germany and strengthening position in European market.

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