Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Serco Group plc ( (GB:SRP) ) has provided an announcement.
Serco Group plc has announced the purchase of 269,003 ordinary shares, which will be held in treasury, as part of its ongoing share buy-back program initiated on August 7, 2025. This move increases the total number of shares held in treasury to 2,148,737, while the total number of shares with voting rights remains at 1,021,706,506. The buy-back program 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 £260.00 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 operates in the service industry, providing a wide range of services including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential public services to government and other public sector clients globally.
Average Trading Volume: 2,387,920
Technical Sentiment Signal: Buy
Current Market Cap: £2.32B
See more data about SRP stock on TipRanks’ Stock Analysis page.