Capita plc (LON:CPI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Capita plc (LON:CPI) have received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 408.20.

Several research firms have recently weighed in on CPI. Peel Hunt reissued a “buy” rating and set a GBX 311 price objective on shares of Capita in a research note on Tuesday, August 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 750 target price on shares of Capita in a report on Wednesday, August 5th. Berenberg Bank decreased their price target on Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a research report 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 report on Wednesday, August 5th.

Capita Stock Down 0.2%

LON CPI opened at GBX 239.50 on Friday. Capita has a 12 month low of GBX 215 and a 12 month high of GBX 416. The company has a market capitalization of £286.87 million, a P/E ratio of -1.37, a PEG ratio of 0.18 and a beta of 0.88. The company’s 50 day simple moving average is GBX 258.40 and its 200 day simple moving average is GBX 291.24. The company has a debt-to-equity ratio of 6,255.83, a current ratio of 0.53 and a quick ratio of 0.53.

Capita (LON:CPI) last issued its earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.

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.