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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.
Serco Group plc has announced the acquisition of 257,094 ordinary shares as part of its ongoing share buy-back program, initiated on 7 August 2025. This transaction increases the total number of shares held in treasury to 9,875,492, with 1,013,979,751 shares remaining in issue. This move is part of Serco’s strategy to manage its capital structure and potentially enhance 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 is a British company that 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 to government and other public sector clients globally.
Average Trading Volume: 2,468,283
Technical Sentiment Signal: Buy
Current Market Cap: £2.36B
Find detailed analytics on SRP stock on TipRanks’ Stock Analysis page.