Serco Group plc (LON:SRP - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 228.80 ($3.08) and last traded at GBX 227.80 ($3.07), with a volume of 472645 shares changing hands. The stock had previously closed at GBX 224.28 ($3.02).
Analysts Set New Price Targets
Several research firms have recently commented on SRP. Shore Capital reissued a "hold" rating on shares of Serco Group in a report on Thursday, August 7th. Citigroup cut their price objective on Serco Group from GBX 281 to GBX 273 and set a "buy" rating for the company in a report on Monday, August 11th. Deutsche Bank Aktiengesellschaft increased their price objective on Serco Group from GBX 210 to GBX 215 and gave the company a "hold" rating in a report on Friday, August 8th. Finally, Berenberg Bank increased their price objective on Serco Group from GBX 220 to GBX 270 and gave the company a "buy" rating in a report on Thursday, August 7th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Serco Group has an average rating of "Moderate Buy" and an average price target of GBX 252.67.
View Our Latest Research Report on SRP
Serco Group Stock Down 0.3%
The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The company has a market cap of £2.33 billion, a price-to-earnings ratio of 17.90, a P/E/G ratio of 3.06 and a beta of 0.38. The stock has a fifty day moving average price of GBX 209.19 and a two-hundred day moving average price of GBX 182.09.
Serco Group (LON:SRP - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported GBX 9.74 earnings per share for the quarter. Serco Group had a return on equity of 13.70% and a net margin of 2.87%. As a group, sell-side analysts expect that Serco Group plc will post 17.552759 EPS for the current year.
Serco Group Company Profile
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