Capita plc (LON:CPI – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 408.20.
Several equities research analysts have recently issued reports on CPI shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Canaccord Genuity Group restated a “buy” rating and set a GBX 750 target price on shares of Capita in a research note on Wednesday, August 5th. Peel Hunt reiterated a “buy” rating and set a GBX 311 price objective on shares of Capita in a research report on Friday, October 2nd. Finally, Berenberg Bank cut their price target on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a report on Wednesday, August 5th.
Read Our Latest Stock Report on Capita
Capita Trading Up 1.6%
Capita (LON:CPI – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 13.38 earnings per share (EPS) for the quarter. Capita had a negative return on equity of 677.10% and a negative net margin of 10.32%.
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.
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