Serco Group (LON:SRP) Receives Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Serco Group (LON:SRPGet Rating) in a research note published on Tuesday, Marketbeat Ratings reports.

Serco Group Stock Performance

SRP opened at GBX 154 ($1.91) on Tuesday. Serco Group has a 12-month low of GBX 118.90 ($1.47) and a 12-month high of GBX 199 ($2.46). The company has a current ratio of 1.01, a quick ratio of 0.98 and a debt-to-equity ratio of 72.84. The firm has a market capitalization of £1.79 billion and a PE ratio of 1,180.77. The firm has a 50 day moving average of GBX 160.03 and a two-hundred day moving average of GBX 166.38.

Insiders Place Their Bets

In other Serco Group news, insider Rupert Soames sold 1,885,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 24th. The shares were sold at an average price of GBX 170 ($2.10), for a total transaction of £3,204,500 ($3,967,438.41).

About Serco Group

(Get Rating)

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. The company offers base and operational support engineering, and management and information, as well as nuclear, space, and maritime services for the defense sector; and custodial, immigration detention, and detainee transport and monitoring services for the justice and immigration sectors.

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Analyst Recommendations for Serco Group (LON:SRP)

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