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) ) just unveiled an update.
Serco Group plc, a prominent player in the public services sector, has announced the acquisition of 273,068 ordinary shares as part of its ongoing share buy-back program. This strategic move, executed through J.P. Morgan Securities plc, is aimed at consolidating the company’s share capital by holding these shares in treasury. Since the initiation of the program on 7 August 2025, Serco has repurchased a total of 1,607,234 shares, reflecting its commitment to enhancing shareholder value and optimizing its capital structure.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £2.00 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 overall stock score is driven by strong cash flow management and positive technical indicators. The company’s strategic initiatives, including a robust earnings call and share buy-back program, further support a positive outlook. However, high valuation metrics and profitability challenges temper the score.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Average Trading Volume: 2,434,245
Technical Sentiment Signal: Buy
Current Market Cap: £2.27B
For an in-depth examination of SRP stock, go to TipRanks’ Overview page.