UBS Group downgraded shares of Capita (LON:CPI) to a sell rating in a report published on Monday, Digital Look reports. The firm currently has GBX 140 ($1.84) price target on the stock, up from their prior price target of GBX 130 ($1.71).
Several other equities analysts have also commented on CPI. Barclays reiterated an overweight rating on shares of Capita in a research note on Wednesday, November 27th. Goldman Sachs Group increased their price target on shares of Capita from GBX 200 ($2.63) to GBX 240 ($3.16) and gave the company a conviction-buy rating in a research note on Wednesday, January 15th. Deutsche Bank lowered shares of Capita to a sell rating and increased their price target for the company from GBX 140 ($1.84) to GBX 155 ($2.04) in a research note on Thursday, December 19th. Peel Hunt reiterated a hold rating on shares of Capita in a research note on Friday, January 17th. Finally, Jefferies Financial Group reiterated a buy rating on shares of Capita in a research note on Friday, December 13th. Three analysts have rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 167.75 ($2.21).
Shares of Capita stock opened at GBX 158.55 ($2.09) on Monday. The firm has a market capitalization of $2.65 billion and a P/E ratio of 11.66. Capita has a 52 week low of GBX 98.66 ($1.30) and a 52 week high of GBX 185.25 ($2.44). The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 2,850.07. The firm’s 50 day moving average is GBX 166.88 and its two-hundred day moving average is GBX 147.30.
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.
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