Could Serco Group plc Recover After Today’s Huge Decline?

 Could Serco Group plc Recover After Today's Huge Decline?

The stock of Serco Group plc (LON:SRP) is a huge mover today! The stock increased 0.07% or GBX 0.09 on November 29, hitting GBX 132.39. About 3.60M shares traded hands or 49.38% up from the average. Serco Group plc (LON:SRP) has risen 37.92% since May 2, 2016 and is uptrending. It has outperformed by 32.66% the S&P500.
The move comes after 5 months negative chart setup for the GBX 1.45B company. It was reported on Nov, 29 by Barchart.com. We have GBX 128.42 PT which if reached, will make LON:SRP worth GBX 43.50M less.

Serco Group plc (LON:SRP) Ratings Coverage

Out of 18 analysts covering Serco Group PLC (LON:SRP), 3 rate it a “Buy”, 5 “Sell”, while 10 “Hold”. This means 17% are positive. Serco Group PLC has been the topic of 85 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Neutral” rating in Friday, February 19 report. Citigroup maintained the stock with “Neutral” rating in Tuesday, August 18 report. The stock of Serco Group plc (LON:SRP) earned “Hold” rating by Deutsche Bank on Friday, February 26. Deutsche Bank maintained Serco Group plc (LON:SRP) rating on Monday, November 16. Deutsche Bank has “Hold” rating and GBX 95 price target. The firm has “Neutral” rating given on Friday, November 20 by JP Morgan. As per Monday, August 22, the company rating was maintained by UBS. The firm earned “Reduce” rating on Wednesday, July 6 by Numis Securities. The stock of Serco Group plc (LON:SRP) earned “Neutral” rating by Nomura on Tuesday, April 5. Liberum Capital maintained Serco Group plc (LON:SRP) rating on Thursday, January 7. Liberum Capital has “Buy” rating and GBX 135 price target. The stock of Serco Group plc (LON:SRP) has “Hold” rating given on Wednesday, February 17 by HSBC.

More news for Serco Group plc (LON:SRP) were recently published by: Uk.Finance.Yahoo.com, which released: “Serco Group plc (SRP.L)” on March 29, 2014. Marketwatch.com‘s article titled: “Serco Group PLC” and published on May 12, 2009 is yet another important article.

Serco Group plc is a United Kingdom well-known provider of public services. The company has a market cap of 1.45 billion GBP.

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