Capita PLC (LON:CPI)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Friday. They presently have a GBX 640 ($8.63) price target on the stock. Deutsche Bank AG’s price objective points to a potential upside of 13.68% from the company’s previous close.
CPI has been the subject of several other reports. Shore Capital reissued a “sell” rating on shares of Capita PLC in a research report on Friday, June 9th. HSBC Holdings plc raised shares of Capita PLC to a “buy” rating and boosted their price objective for the company from GBX 590 ($7.95) to GBX 820 ($11.06) in a research report on Wednesday, June 21st. Numis Securities Ltd restated a “buy” rating and issued a GBX 850 ($11.46) price target on shares of Capita PLC in a report on Monday, June 26th. BNP Paribas restated a “neutral” rating and issued a GBX 530 ($7.15) price target on shares of Capita PLC in a report on Wednesday, July 12th. Finally, Jefferies Group LLC restated a “buy” rating and issued a GBX 750 ($10.11) price target on shares of Capita PLC in a report on Friday, September 8th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Capita PLC has an average rating of “Hold” and a consensus target price of GBX 600.27 ($8.09).
Capita PLC (LON CPI) opened at 563.00 on Friday. The company’s market cap is GBX 3.75 billion. Capita PLC has a 52 week low of GBX 431.30 and a 52 week high of GBX 991.50. The firm’s 50 day moving average is GBX 648.59 and its 200-day moving average is GBX 610.56.
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In other news, insider Ian Powell acquired 3,000 shares of Capita PLC stock in a transaction that occurred on Wednesday, June 28th. The stock was purchased at an average price of GBX 701 ($9.45) per share, for a total transaction of £21,030 ($28,353.78). In the last quarter, insiders have purchased 3,078 shares of company stock valued at $2,153,757.
Capita PLC Company Profile
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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