Serco price target lifted by RBC after strong update

RBC Capital Markets has increased its price target on outsourcing company Serco (LSE: SRP) to 200p from 190p on Friday, praising its “excellent” cash generation and “strong execution” after a trading update. The bank said … Read more

Serco up on strong outlook and European acquisition

Serco Group shares (LSE: SRP) rose 4.1% on Thursday morning after the public services provider predicted higher profits and revenue for 2023 and 2024. It also announced the €40 million acquisition of European Homecare, a … Read more

Serco shares jump 7% on upgraded profit guidance

The Serco Group’s (LSE: SRP) share price is up 7% this morning, following the company’s announcement of an upgrade in its profit guidance. The renowned outsourcer, which manages services for governments globally, revised its forecast … Read more