Capita plc (LON:CPI) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Capita plc (LON:CPI – Get Free Report) have earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 408.20.

Several brokerages have recently issued reports on CPI. Berenberg Bank decreased their target price on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Canaccord Genuity Group restated a “buy” rating and set a GBX 750 price target on shares of Capita in a report on Wednesday, August 5th. Peel Hunt restated a “buy” rating and issued a GBX 311 price target on shares of Capita in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 260 price objective on shares of Capita in a research note on Wednesday, August 5th.

Check Out Our Latest Analysis on CPI

Capita Stock Performance

CPI opened at GBX 226.50 on Friday. The stock has a market capitalization of £271.30 million, a price-to-earnings ratio of -1.30, a PEG ratio of 0.18 and a beta of 0.88. The company has a fifty day moving average of GBX 257.59 and a 200 day moving average of GBX 286.82. The company has a debt-to-equity ratio of 6,255.83, a quick ratio of 0.53 and a current ratio of 0.53. Capita has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 416.

Capita (LON:CPI – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported GBX 13.38 EPS for the quarter. Capita had a negative return on equity of 677.10% and a negative net margin of 10.32%.

Capita Company Profile

(Get Free Report)

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.

Featured Articles

Analyst Recommendations for Capita (LON:CPI)

Receive News & Ratings for Capita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita and related companies with MarketBeat.com's FREE daily email newsletter.