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Serco Group plc ( (GB:SRP) ) just unveiled an update.
Serco Group plc has announced the purchase of 246,000 of its own ordinary shares, which will be held in treasury, as part of its ongoing share buy-back program initiated in August 2025. This transaction brings the total number of shares held in treasury to over 15 million, while the total shares in issue with voting rights remain over 1 billion. 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 Buy with a £300.00 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 a positive earnings call, highlighting growth in key sectors and operational efficiency. However, high valuation metrics and profitability challenges weigh on the overall score.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Serco Group plc is a British company operating in the outsourcing industry, providing public services across various sectors including defense, transport, and healthcare. The company focuses on delivering essential services to governments and other public sector organizations.
Average Trading Volume: 2,881,762
Technical Sentiment Signal: Buy
Current Market Cap: £2.53B
See more data about SRP stock on TipRanks’ Stock Analysis page.