Serco Group (OTCMKTS:SECCF) Trading Up 1.6% – Still a Buy?

Serco Group plc (OTCMKTS:SECCF) rose 1.6% on Monday . The stock traded as high as $3.25 and last traded at $3.25. Approximately 100 shares changed hands during trading, a decline of 94% from the average daily volume of 1,767 shares. The stock had previously closed at $3.20.

Analysts Set New Price Targets

Separately, BNP Paribas Exane initiated coverage on Serco Group in a report on Monday, April 27th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Serco Group Stock Up 1.6%

The firm has a 50 day moving average price of $3.62 and a 200 day moving average price of $3.64.

Serco Group Company Profile

Serco Group plc is a UK-based provider of public services and infrastructure management solutions, serving governments and private sector organizations around the world. The company offers end-to-end delivery of mission-critical services, combining operational expertise with technology and consultancy capabilities to support defense, security, transport, health, and citizen services.

In the defense and security sector, Serco delivers training, simulation, and logistics support to armed forces and intelligence agencies.