Capita plc (LON:CPI) Receives GBX 464.20 Average Price Target from Analysts

Capita plc (LON:CPI) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 464.20.

Several research firms recently commented on CPI. Deutsche Bank Aktiengesellschaft lifted their target price 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. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a research note on Thursday, March 26th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 450 price target on shares of Capita in a report on Friday, March 27th. Berenberg Bank reduced their price objective on shares of Capita to GBX 330 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 900 price objective on shares of Capita in a report on Friday, March 27th.

Capita Stock Performance

Shares of CPI stock opened at GBX 272.10 on Friday. The business’s 50-day moving average price is GBX 333.13 and its 200-day moving average price is GBX 338.78. Capita has a 12 month low of GBX 168 and a 12 month high of GBX 415.50. The firm has a market capitalization of £309.51 million, a price-to-earnings ratio of 20.07, a PEG ratio of 0.18 and a beta of 0.66. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14.

Capita (LON:CPI) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 earnings per share for the quarter. Capita had a negative return on equity of 142.88% and a negative net margin of 7.45%.

Insider Activity

In related news, insider Adolfo Hernandez purchased 34,540 shares of Capita stock in a transaction on Friday, March 13th. The shares were purchased at an average price of GBX 279 per share, for a total transaction of £96,366.60. Also, insider Pablo Andres purchased 12,178 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of GBX 280 per share, with a total value of £34,098.40. Insiders have acquired a total of 58,718 shares of company stock worth $16,346,500 over the last ninety days. Company insiders own 13.40% 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.