Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Serco Group plc ( (GB:SRP) ) has shared an announcement.
Serco Group plc has announced the purchase of 252,800 ordinary shares, which will be held in treasury, as part of its ongoing share buy-back program. This move, part of a larger initiative that has seen the company repurchase over 13 million shares since August 2025, is aimed at consolidating its share capital and potentially enhancing shareholder value.
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 a range of public services across sectors such as defense, transportation, and healthcare. The company focuses on delivering essential services to governments and other public sector organizations worldwide.
Average Trading Volume: 2,755,248
Technical Sentiment Signal: Buy
Current Market Cap: £2.47B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.