Share Name Share Symbol Market Type Share ISIN Share Description
Serco Group Plc LSE:SRP London Ordinary Share GB0007973794 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.90 -2.15% 132.10 6,679,134 16:35:18
Bid Price Offer Price High Price Low Price Open Price
132.70 132.90 135.40 132.00 134.40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,884.80 153.30 10.89 12.1 1,621
Last Trade Time Trade Type Trade Size Trade Price Currency
17:44:17 O 550 134.655 GBX

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Date Time Title Posts
18/6/202110:58Serco - Time to Buy2,140
12/11/201412:23$SRP.L – Serco – a dividend achiever gone wrong-
10/11/201414:22Possible support zone for Serco after warning-
14/8/201416:50SELL in Serco Group PLC (SRP.Lon)-

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Serco (SRP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 17:29:51134.66550740.60O
2021-06-18 17:29:51134.074,8066,443.26O
2021-06-18 17:29:38133.056,2148,267.85O
2021-06-18 17:29:38132.092,8843,809.45O
2021-06-18 17:29:29133.626,2128,300.35O
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Serco (SRP) Top Chat Posts

Serco Daily Update: Serco Group Plc is listed in the Support Services sector of the London Stock Exchange with ticker SRP. The last closing price for Serco was 135p.
Serco Group Plc has a 4 week average price of 132p and a 12 week average price of 132p.
The 1 year high share price is 171.50p while the 1 year low share price is currently 105.90p.
There are currently 1,227,205,781 shares in issue and the average daily traded volume is 4,008,071 shares. The market capitalisation of Serco Group Plc is £1,621,138,836.70.
salpara111: Rather confusing price action recently. Taken a stake this morning 134.5 lets see what the next 3 months bring!
mj19: I don't know what's up with it . Same price before the contract win
uhound: Modern day market manipulation? Very muted response after contract win/guidance upgrade. Share buy backs having no effect either. Trouble is, I think of selling and the price explodes. Happens often to me!
18bt: Shore Capital: Serco maintains momentum Outsourcing giant Serco (SRP) has upgraded guidance on the back of new contract wins and an acquisition, reaffirming broker Shore Capital’s faith in the company’s continuing momentum. Analyst Robin Speakman retained his ‘buy’ recommendation on the stock, which closed up 1.7%, or 2.4p, at 144p on Tuesday. The company announced two contract wins with the UK government and the completion of the acquisition of Whitney, Bradley & Brown, bolstering its US defence services business. Speakman said that left Serco shares trading on about 14 times earnings for its 2021 financial year. ‘With contract success and with the acquisitions, we expect modest earnings growth in full year 2022 as the effects of the pandemic begin to unwind towards normalised trading,’ he said. The analyst also expects dividend flows ‘to strengthen’ – the company has a dividend yield of 1.6% at present. ‘We see momentum in Serco at an underlying level…and the prospect of further positive news leveraging a now solid balance sheet,’ he said.
wynmck: UBS raises price tgt to 165(155)BUY
davethehorse: Are the SRP share buy backs holding it back? i.e being held back to achieve a lower buy back price??
srichardson8: I think and hope this is an oil tanker rather than a speedboat. Management comment seems realistic and informative and whilst (for instance) the forward price earnings doesn't look particularly cheap the return on capital now looks miles better, the balance sheet really quite good and the prospects for modest growth excellent. The pandemic impact this year and perhaps onward is difficult to ascertain, as acknowledged by the recent trading update, and there are some glaring bald patches - air travel related, leisure centres and so on. There may also be a simple market factor that investors, especially aggressive funds and individuals, have been and still are mnore prepared to buy what are pretty high growth/risk shares especially in tech. I cannot really understand why the Altman score, which measures bankruptcy risk, is so low and there hasn't been much institutional buying though I am reassured to see the small increase in the Blackrock stake. They are, imo, very conservative and very thorough. In short, it seems now to be a much better managed company with a low share price. Rather better, perhaps, than G4 which has effectively been taken out. Serco is only valued at £1.5bn (G$ much larger, £3.8bn, exit mutltiple around x16) which really means it is a small cap despite >1bn shares in issue. I am guardedly optimistic.
sir bean counter: I think it's clever to avoid the cheap negative headlines that a dividend could bring now, especially when a divi could still be quietly re-introduced in a few months time. Instead, they've announced a £40m share buy-back - although they say some shares may be used for employee remuneration, my guess is that's partially so they have a defence if accused of returning perceived ill-gotten Covid gains to shareholders. My hunch is most shares will be cancelled, making it a cheeky share buy-back that would support the share price. So shareholders still benefit, without the cheap negative soundbites that a divi might have caused. Just my interpretation...
ianb5004: I expected no divi given they haven't paid one for a few years and in the last update they mentioned there was still uncertainty due to covid. Probably wise to wait for February and see progress on vaccine v covid.. Very strong trading update though and share price way off last years highs of £1.70p. Revenues up 20% underlying profits up 35% margin up to 4% Looks a safe hold, plenty of upSide little if any downside at this price imo. Broker upgrades to follow?
carer: I think the share price will not go any lower as some fund managers have sold for profits recently , hence the share price fell. At this level to sell , it does not make sense. Blackrock etc ahve still significant holdings here. I think it might be a good time to top up as the principle buy low sell high holds. It is futile for an individual private investor to derump or rump the share. The share has been punished enough for some negative reasons. I like the company has a global spread and seems to have solid orders in the pipeline.
Serco share price data is direct from the London Stock Exchange
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