By Michele Maatouk
Date: Monday 05 Aug 2024
(Sharecast News) - JPMorgan Cazenove reinstated coverage on Serco on Monday with an 'overweight' rating and a target price of 215p.
The bank said its analysis suggests that Serco can generate double-digit earnings per share growth in the medium term.
"Firstly, Serco's revenue growth (target 4-6%) is largely acyclical,...
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