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

Capita (LON:CPI)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a note issued to investors on Friday, MarketBeat.com reports. They presently have a GBX 321 target price on the stock. Peel Hunt’s target price indicates a potential upside of 7.00% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Berenberg Bank started coverage on shares of Capita in a research report on Wednesday, October 29th. They issued a “hold” rating and a GBX 350 price target on the stock. Shore Capital reissued a “hold” rating on shares of Capita in a research note on Tuesday, August 5th. Finally, Canaccord Genuity Group began coverage on Capita in a report on Monday, September 29th. They issued a “buy” rating and a GBX 900 price objective for the company. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Capita currently has an average rating of “Moderate Buy” and a consensus price target of GBX 494.

Capita Trading Down 2.4%

Shares of LON:CPI traded down GBX 7.50 during trading on Friday, reaching GBX 300. 538,341 shares of the stock were exchanged, compared to its average volume of 506,968. Capita has a 12-month low of GBX 168 and a 12-month high of GBX 368. The firm’s 50-day moving average price is GBX 292.11 and its 200 day moving average price is GBX 263.75. The firm has a market cap of £341.25 million, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 0.18 and a beta of 1.95. The company has a debt-to-equity ratio of 291.56, a quick ratio of 0.53 and a current ratio of 0.53.

Capita (LON:CPI) last announced its earnings results on Tuesday, August 5th. The company reported GBX 21.63 earnings per share for the quarter. Capita had a negative net margin of 1.64% and a negative return on equity of 28.00%.

Insider Transactions at Capita

In other news, insider Jack Clarke purchased 5,165 shares of the business’s stock in a transaction on Monday, September 15th. The stock was purchased at an average price of GBX 260 per share, with a total value of £13,429. Company insiders own 13.40% of the company’s stock.

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.