Capita's (CPI) "Hold" Rating Reiterated at Shore Capital

Key Points

• Capita's stock received a reaffirmed "hold" rating from Shore Capital, indicating a neutral outlook from analysts.
• Deutsche Bank increased its price target for Capita from GBX 375 to GBX 405 and assigned a "buy" rating.
• Capita's current stock price is GBX 296.09 with a market capitalization of £5.00 billion, reflecting a substantial debt-to-equity ratio of 291.56.

Capita (LON:CPI - Get Free Report)'s stock had its "hold" rating reaffirmed by research analysts at Shore Capital in a research report issued to clients and investors on Tuesday, MarketBeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on Capita from GBX 375 ($5.04) to GBX 405 ($5.45) and gave the stock a "buy" rating in a research report on Friday, July 4th.

Capita Trading Down 5.2%

CPI traded down GBX 13.50 ($0.18) during midday trading on Tuesday, reaching GBX 247 ($3.32). 799,520 shares of the company's stock traded hands, compared to its average volume of 464,581. Capita has a 52 week low of GBX 168 ($2.26) and a 52 week high of GBX 358.50 ($4.82). The company has a debt-to-equity ratio of 291.56, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a fifty day moving average of GBX 298.04 and a two-hundred day moving average of GBX 142.80. The stock has a market capitalization of £4.17 billion, a price-to-earnings ratio of -102.30, a P/E/G ratio of 0.18 and a beta of 1.95.

Capita (LON:CPI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported GBX 21.63 ($0.29) earnings per share for the quarter. Capita had a negative return on equity of 28.00% and a negative net margin of 1.64%.

About Capita

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.