Deutsche Bank Aktiengesellschaft Reaffirms “Hold” Rating for Serco Group (LON:SRP)

Serco Group (LON:SRP)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday,Digital Look reports. They currently have a GBX 255 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 15.70% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 230 price objective on shares of Serco Group in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Serco Group has a consensus rating of “Hold” and an average price target of GBX 264.50.

Serco Group Stock Down 1.4%

SRP stock traded down GBX 3.20 during midday trading on Friday, reaching GBX 220.40. 6,041,277 shares of the company’s stock traded hands, compared to its average volume of 15,740,694. The company has a market cap of £2.18 billion, a price-to-earnings ratio of 15.66, a P/E/G ratio of 3.06 and a beta of 0.49. The firm’s fifty day moving average price is GBX 267.02 and its 200-day moving average price is GBX 283.91. The company has a quick ratio of 0.98, a current ratio of 0.93 and a debt-to-equity ratio of 104.09. Serco Group has a 52 week low of GBX 194.20 and a 52 week high of GBX 325.80.

About Serco Group