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Davy Research

Serco Group plc

Positive contract news; forecast upgrades

Apr 27 2021, 08:35 IST/BST
David Greenall
Company Report
5 page(s)

Sectors : Business Support Services

Companies : Serco Group plc

Ratings and price correct at time of issue.

Serco Group plc

Closing Price: 141p
RATING 01/04/21
OUTPERFORM
PREVIOUS RATING N/A

David Greenall

Analyst

DAVY VIEW

Serco today announced a new contract with the Department for Work and Pensions (DWP) and increased its forecasts for the current year. The stock has been left behind in the recent rally, but this should provide a driver.

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Apr 27 2021, 08:35 IST/BST

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Serco Group plc

Positive contract news; forecast upgrades

Serco Group plc

RATING 01/04/21

David Greenall

DAVY VIEW

Download full report with analyst certification and important disclosures