Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Serco Group plc ( (GB:SRP) ).
Serco Group plc has continued executing its previously announced share buyback programme, repurchasing a total of 1,003,292 ordinary shares between 7 and 10 April 2026 via RBC Europe Limited at average prices just under 300p. These latest transactions bring the total number of shares bought back since the March launch of the programme to 5,630,763, all of which are held in treasury.
Following these purchases, Serco has 997,115,251 ordinary shares in issue excluding treasury stock, and 5,630,763 shares held in treasury, leaving the same 997,115,251 shares carrying voting rights. The updated share and voting-rights figures provide investors with a new denominator for regulatory disclosure thresholds and underline the company’s ongoing capital-management efforts aimed at optimizing its equity structure.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £350.00 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 SRP Stock
According to Spark, TipRanks’ AI Analyst, SRP is a Outperform.
The score is driven primarily by strong cash generation and an improved balance-sheet profile, supported by a very low P/E valuation. Technicals are positive with the stock in an uptrend, while earnings-call takeaways are constructive (profit-growth guidance and strong pipeline) but tempered by near-term headwinds (immigration exposure), higher debt/finance costs, and execution/timing risks.
To see Spark’s full report on SRP stock, click here.
More about Serco Group plc
Serco Group plc is a U.K.-listed support services company that operates across sectors such as defence, justice, immigration, transport, health, and citizen services. It typically provides outsourced public-service delivery and related management solutions to governments and public-sector agencies in the U.K. and internationally, positioning itself as a major contractor in regulated markets.
Average Trading Volume: 3,006,800
Technical Sentiment Signal: Buy
Current Market Cap: £2.96B
For an in-depth examination of SRP stock, go to TipRanks’ Overview page.