Capita (CPI) Raised to Equal weight at Morgan Stanley

Morgan Stanley upgraded shares of Capita (LON:CPI) to an equal weight rating in a research note released on Friday morning. Morgan Stanley currently has GBX 180 ($2.52) price objective on the stock, down from their prior price objective of GBX 460 ($6.45).

A number of other analysts have also recently issued reports on CPI. Royal Bank of Canada reduced their price objective on shares of Capita from GBX 500 ($7.01) to GBX 185 ($2.59) and set a sector performer rating for the company in a research note on Thursday, February 1st. Numis Securities reduced their price objective on shares of Capita from GBX 565 ($7.92) to GBX 250 ($3.51) and set a buy rating for the company in a research note on Thursday, February 1st. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 418 ($5.86) price objective on shares of Capita in a research note on Thursday, February 1st. Shore Capital reissued a sell rating on shares of Capita in a research note on Tuesday, October 10th. Finally, Deutsche Bank reduced their price objective on shares of Capita from GBX 580 ($8.13) to GBX 450 ($6.31) and set a hold rating for the company in a research note on Friday, December 22nd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Capita currently has an average rating of Hold and an average target price of GBX 453.07 ($6.35).

Capita (CPI) opened at GBX 174.10 ($2.44) on Friday. Capita has a 52-week low of GBX 151.52 ($2.12) and a 52-week high of GBX 721 ($10.11). The firm has a market cap of $1,160.00 and a P/E ratio of 17,410.00.

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Capita Company Profile

Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Customer Management, Capita Europe and Insurance & Benefits Services.

Analyst Recommendations for Capita (LON:CPI)

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