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The latest announcement is out from Serco Group plc ( (GB:SRP) ).
Serco Group plc, a company involved in various sectors, announced the purchase of 279,462 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, through which the company has acquired a total of 5,463,653 shares. The move is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.
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
Average Trading Volume: 2,286,747
Technical Sentiment Signal: Buy
Current Market Cap: £2.24B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.