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

Capita plc (LON:CPI) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 408.20.

A number of brokerages recently issued reports on CPI. Peel Hunt reissued a “buy” rating and issued a GBX 311 price objective on shares of Capita in a research note on Tuesday, August 4th. Berenberg Bank reduced their target price on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 750 price target on shares of Capita in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 260 price target on shares of Capita in a research note on Wednesday, August 5th.

Capita Trading Up 1.5%

Shares of Capita stock opened at GBX 285.18 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 6,255.83. Capita has a 12-month low of GBX 215 and a 12-month high of GBX 416. The company has a market capitalization of £341.59 million, a price-to-earnings ratio of -1.98, a PEG ratio of 0.18 and a beta of 0.87. The firm’s 50-day moving average price is GBX 274.06 and its two-hundred day moving average price is GBX 304.78.

Capita (LON:CPI) last issued 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%.

Insiders Place Their Bets

In related news, insider Pablo Andres purchased 1,767 shares of Capita stock in a transaction dated Friday, May 29th. The shares were bought at an average cost of GBX 402 per share, for a total transaction of £7,103.34. Also, insider Daniel Wosner purchased 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were bought at an average cost of GBX 404 per share, for a total transaction of £80,800. In the last three months, insiders have bought 27,410 shares of company stock worth $10,897,189. Insiders own 5.34% 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. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.