Less Ads, More Data, More Tools Register for FREE

BUZZ-Serco: set for a bounce

Tue, 11th Aug 2015 06:57

** Serco shares set to jump 3-5 pct at the openfollowing results

** Traders cite slightly better to in-line H1 andencouraging outlook

** Co maintains profit forecast for the year

** RBC, which has an "underperform" rating on the stock,still sees risk that co falls short of consensus revenueforecasts for 2016 and 2017 on the back of customers exiting

** Stock down 33.5 pct from Feb peaks and stuck in a tightrange since early July (RM: vikram.subhedar.thomsonreuters.com@reuters.net)

Serco

Shares in this article

Related News

IN BRIEF: Serco extends Norfolk hospital deal for another 10 years
26 May 2026

IN BRIEF: Serco extends Norfolk hospital deal for another 10 years

Serco Group PLC - Hampshire, England-based government services outsourcing provider - Wins an extension of its facilities management contract with Nor...

Reeves urges ministers to award UK firms contracts in four key sectors
25 May 2026

Reeves urges ministers to award UK firms contracts in four key sectors

(Alliance News) - UK Chancellor Rachel Reeves has told cabinet colleagues to award government contracts in shipbuilding, steel-making, energy infrastr...