Serco Group Announces Executive Share Transaction

Serco Group plc ( (GB:SRP) ) has issued an update.

Serco Group plc announced a transaction involving Gillian Duggan, the Group Chief People and Culture Officer, who vested shares from a Long-Term Incentive Plan. The transaction involved the sale of 80,549 shares to cover tax obligations, with the vesting price set at £2.2369 per share. This announcement, made in compliance with the UK Market Abuse Regulation, highlights the company’s adherence to regulatory standards and may impact stakeholders’ perceptions of executive compensation practices.

The most recent analyst rating on (GB:SRP) stock is a Buy with a £270.00 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 global service company that collaborates with governments to create innovative solutions addressing complex challenges. With over 50,000 employees, Serco operates in sectors such as defense, space, migration, justice, healthcare, mobility, and customer services. The company specializes in service design, advisory, resourcing, complex program management, systems integration, case management, engineering, and asset and facilities management.

Average Trading Volume: 2,286,747

Technical Sentiment Signal: Buy

Current Market Cap: £2.24B

Learn more about SRP stock on TipRanks’ Stock Analysis page.