Serco Group plc (LON:SRP - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 176.70 ($2.38) and traded as high as GBX 211.20 ($2.84). Serco Group shares last traded at GBX 210.33 ($2.83), with a volume of 8,206,166 shares trading hands.
Analyst Ratings Changes
SRP has been the subject of several analyst reports. Berenberg Bank increased their price target on shares of Serco Group from GBX 220 ($2.96) to GBX 270 ($3.63) and gave the company a "buy" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Serco Group from GBX 210 ($2.82) to GBX 215 ($2.89) and gave the stock a "hold" rating in a research report on Friday. Finally, Shore Capital reaffirmed a "hold" rating on shares of Serco Group in a research report on Thursday.
Check Out Our Latest Stock Analysis on SRP
Serco Group Price Performance
The company has a debt-to-equity ratio of 62.40, a quick ratio of 0.98 and a current ratio of 0.91. The stock has a market cap of £2.22 billion, a PE ratio of 17.06, 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 two-hundred day moving average is GBX 178.03.
Serco Group (LON:SRP - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported GBX 9.74 ($0.13) earnings per share for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. On average, equities analysts predict that Serco Group plc will post 17.552759 earnings per share for the current year.
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