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

Capita (LON:CPI – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released on Friday, Marketbeat reports. They currently have a GBX 311 price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 45.33% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank decreased their target price on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 750 target price on shares of Capita in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 260 price target on shares of Capita in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 408.20.

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Capita Stock Performance

Shares of LON:CPI opened at GBX 214 on Friday. The business’s fifty day simple moving average is GBX 255.20 and its 200-day simple moving average is GBX 283.82. Capita has a 12-month low of GBX 213 and a 12-month high of GBX 416. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 6,255.83. The company has a market capitalization of £256.33 million, a PE ratio of -1.22, a P/E/G ratio of 0.18 and a beta of 0.88.

Capita (LON:CPI – Get Free Report) last announced its 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%.

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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