Capita (LON:CPI) Insider Georgina Harvey Acquires 2,880 Shares

Capita plc (LON:CPI) insider Georgina Harvey purchased 2,880 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of GBX 343 per share, for a total transaction of £9,878.40.

Georgina Harvey also recently made the following trade(s):

• On Monday, June 15th, Georgina Harvey sold 400 shares of Capita stock. The stock was sold at an average price of GBX 340, for a total transaction of £1,360.

Capita Price Performance

Shares of LON:CPI opened at GBX 343.50 on Tuesday. The company’s 50-day moving average is GBX 324.22 and its 200 day moving average is GBX 343.92. The company has a debt-to-equity ratio of 964.14, a quick ratio of 0.53 and a current ratio of 0.54. The company has a market capitalization of £411.44 million, a P/E ratio of -2.38, a price-to-earnings-growth ratio of 0.18 and a beta of 0.82. Capita plc has a fifty-two week low of GBX 224 and a fifty-two week high of GBX 416.

Analysts Set New Price Targets

CPI has been the topic of several recent research reports. 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. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 900 price objective on shares of Capita in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Friday, March 27th. Finally, Berenberg Bank dropped their price objective on shares of Capita to GBX 330 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 464.20.

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.