Capita’s (CPI) Buy Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Capita (LON:CPI – Free Report) in a research note published on Friday, MarketBeat Ratings reports. They currently have a GBX 311 target price on the stock.

A number of other equities research analysts have also recently weighed in on CPI. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 750 price objective on shares of Capita in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 260 target price on shares of Capita in a research note on Wednesday, August 5th. Finally, Berenberg Bank lowered their target price on Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Capita presently has a consensus rating of “Moderate Buy” and an average target price of GBX 408.20.

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Capita Trading Down 5.3%

LON:CPI opened at GBX 214 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 6,255.83. The stock has a market capitalization of £256.33 million, a price-to-earnings ratio of -1.22, a PEG ratio of 0.18 and a beta of 0.88. The firm has a 50 day moving average of GBX 255.20 and a 200 day moving average of GBX 283.82. Capita has a 52 week low of GBX 213 and a 52 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 earnings per share for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.

About Capita

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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.

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