HSBC initiated coverage of Serco Group with a Buy rating and 210 GBp price target. The analyst says the company operates a “well-invested B2G platform” that supports growth, cash generation and high-teens return on invested capital.
HSBC initiated coverage of Serco Group with a Buy rating and 210 GBp price target. The analyst says the company operates a “well-invested B2G platform” that supports growth, cash generation and high-teens return on invested capital.