Capita plc (LON:CPI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Capita plc (LON:CPI – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 464.20.

A number of research firms have recently commented on CPI. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 450 price target on shares of Capita in a report on Friday, March 27th. Berenberg Bank cut their price target on shares of Capita to GBX 330 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Friday, March 27th. Shore Capital Group reiterated a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 900 price target on shares of Capita in a report on Friday, March 27th.

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Insider Activity at Capita

In other Capita news, insider Adolfo Hernandez acquired 2,763 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average cost of GBX 405 per share, with a total value of £11,190.15. Also, insider Pablo Andres acquired 1,767 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average cost of GBX 402 per share, for a total transaction of £7,103.34. Insiders have acquired 59,070 shares of company stock valued at $19,546,009 over the last ninety days. Insiders own 5.34% of the company’s stock.

Capita Price Performance

Shares of LON CPI opened at GBX 350.15 on Wednesday. Capita has a 1 year low of GBX 224 and a 1 year high of GBX 416. The company has a debt-to-equity ratio of 964.14, a current ratio of 0.54 and a quick ratio of 0.53. The company’s 50-day moving average is GBX 317.80 and its 200 day moving average is GBX 343.18. The stock has a market capitalization of £419.41 million, a P/E ratio of -2.43, a P/E/G ratio of 0.18 and a beta of 0.82.

Capita (LON:CPI – Get Free Report) last issued its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 earnings per share for the quarter. Capita had a negative return on equity of 142.88% and a negative net margin of 7.45%.

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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