Capita plc (LON:CPI) Given Average Recommendation of “Moderate Buy” by Brokerages

Capita plc (LON:CPI) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 464.20.

Several brokerages have issued reports on CPI. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 900 price target on shares of Capita in a report on Friday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 450 price objective on shares of Capita in a report on Friday, March 27th. Berenberg Bank decreased their target price on shares of Capita to GBX 330 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Shore Capital Group reissued a “buy” rating on shares of Capita in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research report on Friday, March 27th.

Capita Trading Up 1.8%

Capita stock opened at GBX 311.50 on Friday. Capita has a 12 month low of GBX 224 and a 12 month high of GBX 416. The stock has a market cap of £373.11 million, a price-to-earnings ratio of -2.16, a price-to-earnings-growth ratio of 0.18 and a beta of 0.90. The business has a 50 day moving average price of GBX 332.10 and a two-hundred day moving average price of GBX 338.98. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 1,526.79.

Insider Buying and Selling

In related news, insider Pablo Andres purchased 1,767 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average price of GBX 402 per share, with a total value of £7,103.34. Also, insider Daniel Wosner purchased 20,000 shares of the stock in a transaction on Thursday, May 28th. The stock was bought at an average price of GBX 404 per share, for a total transaction of £80,800. Insiders acquired 27,410 shares of company stock worth $10,897,189 in the last quarter. Corporate insiders own 5.34% of the company’s stock.

About Capita

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.