Serco signs ?800m contract with MoJ

30th Oct 2019 09:52

(Sharecast News) - Serco has signed a 10-year, £800m contract with the UK Ministry of Justice (MoJ) to provide prisoner escort and custody services for the South of England.

Read more

US Navy selects Serco for ID/IQ contract

2nd Oct 2019 16:34

(Sharecast News) - The US Navy's Naval Information Warfare Systems Command selected Serco alongside seven other firms as an awardee for an Indefinite Delivery, Indefinite Quantity (ID/IQ) multiple award contract.

Read more

Serco awarded ?450m Northern Isles ferry contract

20th Sep 2019 09:16

(Sharecast News) - Serco has been selected as preferred bidder to continue managing and operating Northern Isles Ferry Services.

Read more

Serco wins extension to Australian immigration detention contract

11th Sep 2019 07:03

(Sharecast News) - Serco on Wednesday secured a two-year extension to a contract with the Australian government through which its subsidiary will continue to provide services at immigration detention facilities.

Read more

Friday broker round-up

28th Jun 2019 15:11

(Sharecast News) - QinetiQ: Credit Suisse downgrades to neutral with a target price of 325p.

Read more

Liberum maintains 'buy' on Serco following pre-close update

27th Jun 2019 10:21

(Sharecast News) - Analysts at Liberum maintained their 'buy' rating on public services provider Serco on Thursday, noting that the group's current share price was "cheap" given its "significant earnings momentum".

Read more

Serco sees 2019 revenue at top end of guidance

27th Jun 2019 07:45

(Sharecast News) - FTSE 250 outsourcer Serco said on Thursday that 2019 revenue is expected to be at the top end of its guidance range, thanks in part to strong order intake.

Read more

Thursday preview: Revised Q1 US GDP, Serco in the spotlight

26th Jun 2019 15:23

(Sharecast News) - The flow of economic data will thin out considerably on Thursday with a revised reading on first quarter US gross domestic product growth the main release on tap.

Read more

Wednesday broker round-up

12th Jun 2019 13:41

(Sharecast News) - Provident Financial: Canaccord downgrades to sell with a target price of 430p.

Read more

Peel Hunt upgrades Serco, says NSBU acquisition 'very good fit'

12th Jun 2019 07:45

(Sharecast News) - Peel Hunt upgraded its stance on Serco shares to 'add' from 'hold' on Wednesday, lifting the price target to 146p from 129p as it highlighted the company's "strategically attractive" acquisition of leading US navy service provider NSBU.

Read more

Jefferies raises target on Serco following 'attractive' acquisition

4th Jun 2019 09:24

(Sharecast News) - Analysts at Jefferies raised their target price on public services outfit Serco on Tuesday, saying the group's acquisition of Alion Science and Technology's naval systems business unit should "catalyse a shift in customer perception" and had "attractive economics".

Read more

Thursday broker round-up

30th May 2019 13:13

(Sharecast News) - Sophos: Numis downgrades to hold with a target price of 320p.

Read more

Wednesday broker round-up

29th May 2019 13:44

(Sharecast News) - Serco: RBC Capital Markets upgrades to outperform with a target price of 150p.

Read more

RBC Capital ups Serco to 'outperform'

29th May 2019 10:57

(Sharecast News) - RBC Capital Markets upgraded Serco to 'outperform' from 'sector perform' on Wednesday, lifting the price target to 150p from 140p as it said the risk/reward is now in favour.

Read more

Friday broker round-up

24th May 2019 13:23

(Sharecast News) - SafeChange International Group: Berenberg downgrades to hold with a target price of 436p.

Read more