Insider Buying: Serco Group (LON:SRP) Insider Buys £96,943.50 in Stock

Serco Group plc (LON:SRPGet Free Report) insider John Rishton purchased 43,086 shares of Serco Group stock in a transaction on Tuesday, August 26th. The stock was purchased at an average price of GBX 225 per share, for a total transaction of £96,943.50.

Serco Group Price Performance

LON:SRP opened at GBX 218.69 on Friday. The firm has a market cap of £2.22 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. Serco Group plc has a 12 month low of GBX 136.20 and a 12 month high of GBX 232.62. The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The company’s 50-day moving average price is GBX 212.71 and its two-hundred day moving average price is GBX 184.90.

Serco Group (LON:SRPGet Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported GBX 9.74 EPS for the quarter. Serco Group had a net margin of 2.87% and a return on equity of 13.70%. On average, equities analysts anticipate that Serco Group plc will post 17.552759 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SRP. Citigroup reduced their price target on shares of Serco Group from GBX 281 to GBX 273 and set a “buy” rating on the stock in a research report on Monday, August 11th. Berenberg Bank boosted their price target on shares of Serco Group from GBX 220 to GBX 270 and gave the company a “buy” rating in a research report on Thursday, August 7th. Shore Capital restated a “hold” rating on shares of Serco Group in a research report on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Serco Group from GBX 210 to GBX 215 and gave the company a “hold” rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 252.67.

Check Out Our Latest Analysis on Serco Group

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