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Serco Group plc ( (GB:SRP) ) just unveiled an update.
Serco Group plc announced a change in the interests of its senior management in the company’s ordinary shares due to the grant of dividend equivalents. This move, involving key figures such as the Group Chief Executive and Group Chief Financial Officer, reflects the company’s adherence to its Long-Term Incentive Plan and other bonus plans, which include provisions for malus and clawback. The announcement aligns with the UK Market Abuse Regulation, indicating the company’s commitment to transparency and regulatory compliance.
The most recent analyst rating on (GB:SRP) stock is a Hold with a £230.00 price target. To see the full list of analyst forecasts on Serco Group plc stock, see the GB:SRP Stock Forecast page.
Spark’s Take on GB:SRP Stock
According to Spark, TipRanks’ AI Analyst, GB:SRP is a Outperform.
Serco Group plc’s stock score is driven by strong technical indicators and positive earnings call sentiment, despite valuation concerns. Financial performance shows mixed results, with strong cash flow but profitability and debt challenges. The stock’s bullish momentum and strategic growth in the defense sector are key strengths.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Serco Group plc operates in the service industry, providing public services across various sectors including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services on behalf of governments and other institutions worldwide.
Average Trading Volume: 2,519,993
Technical Sentiment Signal: Buy
Current Market Cap: £2.37B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.