Shares of Capita plc (LON:CPI – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 408.20.
Several brokerages have recently issued reports on CPI. Berenberg Bank lowered their target price on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 260 price target on shares of Capita in a research note on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and set a GBX 311 price target on shares of Capita in a research note on Friday, October 2nd. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 750 price target on shares of Capita in a research report on Wednesday, August 5th.
Check Out Our Latest Analysis on Capita
Capita Stock Performance
Shares of CPI opened at GBX 281 on Tuesday. The stock has a 50 day moving average price of GBX 253.48 and a 200 day moving average price of GBX 283.80. 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 company has a market capitalization of £336.39 million, a price-to-earnings ratio of -1.61, a price-to-earnings-growth ratio of 0.18 and a beta of 0.88. Capita has a 52-week low of GBX 196.20 and a 52-week high of GBX 416.
Capita (LON:CPI – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 EPS for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.
Capita Company Profile
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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