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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.
Serco Group plc, a prominent player in the public services sector, has announced the purchase of 246,215 of its own ordinary shares, which will be held in treasury. This transaction is part of a larger share buy-back program initiated in August 2025, under which the company has acquired a total of 13,974,221 shares. The move is likely to impact the company’s share capital structure, potentially influencing shareholder value and market perception.
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
Average Trading Volume: 2,755,248
Technical Sentiment Signal: Buy
Current Market Cap: £2.47B
See more data about SRP stock on TipRanks’ Stock Analysis page.