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Serco Group plc ( (GB:SRP) ) has shared an update.
Serco Group plc has announced the purchase of 265,935 of its own ordinary shares, which will be held in treasury. This transaction is part of a share buy-back program initiated on August 7, 2025, under which the company has acquired a total of 2,946,543 shares. The move is likely aimed at consolidating the company’s share capital 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 £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 is a British company that operates in the outsourcing industry, providing a range of services including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential public services to governments and other institutions around the world.
Average Trading Volume: 2,353,268
Technical Sentiment Signal: Buy
Current Market Cap: £2.3B
Learn more about SRP stock on TipRanks’ Stock Analysis page.