Serco Group (LON:SRP) Given New GBX 205 Price Target at Deutsche Bank Aktiengesellschaft

Serco Group (LON:SRP) had its price target lifted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 200 ($2.54) to GBX 205 ($2.60) in a research note issued to investors on Friday, Digital Look reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 13.21% from the stock’s current price.

Separately, Shore Capital restated a “buy” rating on shares of Serco Group in a research note on Thursday.

Serco Group Trading Up 0.5 %

SRP opened at GBX 181.08 ($2.30) on Friday. The stock has a market cap of £1.94 billion, a PE ratio of 1,006.00, a PEG ratio of 3.06 and a beta of 0.39. The company has a quick ratio of 0.98, a current ratio of 0.87 and a debt-to-equity ratio of 63.84. The business has a 50 day moving average of GBX 178.52 and a 200-day moving average of GBX 176.73. Serco Group has a 52 week low of GBX 138 ($1.75) and a 52 week high of GBX 193.10 ($2.45).

Insider Buying and Selling at Serco Group

In related news, insider Nigel Crossley acquired 7,939 shares of the stock in a transaction on Monday, May 13th. The stock was acquired at an average price of GBX 185 ($2.35) per share, for a total transaction of £14,687.15 ($18,631.42). 1.98% of the stock is owned by company insiders.

About Serco Group

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.