Serco Group plc (LON:SRP - Get Free Report)'s stock price hit a new 52-week high on Thursday after Berenberg Bank raised their price target on the stock from GBX 220 to GBX 270. Berenberg Bank currently has a buy rating on the stock. Serco Group traded as high as GBX 227.80 ($3.06) and last traded at GBX 226.27 ($3.04), with a volume of 5896678 shares. The stock had previously closed at GBX 209.40 ($2.82).
Several other analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Serco Group from GBX 210 ($2.82) to GBX 215 ($2.89) and gave the company a "hold" rating in a research report on Friday. Shore Capital reaffirmed a "hold" rating on shares of Serco Group in a research note on Thursday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 252.67 ($3.40).
View Our Latest Analysis on Serco Group
Serco Group Stock Performance
The stock has a market capitalization of £2.26 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 3.06 and a beta of 0.38. The stock's 50 day moving average is GBX 203.65 and its 200 day moving average is GBX 178.41. The company has a current ratio of 0.91, a quick ratio of 0.98 and a debt-to-equity ratio of 62.40.
Serco Group (LON:SRP - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported GBX 9.74 ($0.13) EPS for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. On average, analysts predict that Serco Group plc will post 17.552759 earnings per share for the current year.
Serco Group Company Profile
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