Capita plc (LON:CPI) Receives GBX 408.20 Average PT from Brokerages

Capita plc (LON:CPIGet Free Report) has earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 408.20.

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

Check Out Our Latest Stock Report on CPI

Insider Activity at Capita

In other news, insider Georgina Harvey sold 400 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of GBX 340, for a total value of £1,360. 5.34% of the stock is currently owned by company insiders.

Capita Price Performance

CPI stock opened at GBX 279.67 on Monday. The company has a market capitalization of £334.99 million, a P/E ratio of -1.94, a PEG ratio of 0.18 and a beta of 0.87. Capita has a 52-week low of GBX 215 and a 52-week high of GBX 416. The company has a fifty day moving average price of GBX 269.52 and a 200-day moving average price of GBX 301.83. 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 (LON:CPIGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share (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

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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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Analyst Recommendations for Capita (LON:CPI)

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