Capita (LON:CPI) Receives "Hold" Rating from 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 reissued by investment analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of 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 Stock Performance

Shares of CPI stock traded up GBX 6 ($0.08) on Tuesday, hitting GBX 253 ($3.40). The company's stock had a trading volume of 448,005 shares, compared to its average volume of 464,471. The company has a debt-to-equity ratio of 291.56, a quick ratio of 0.53 and a current ratio of 0.53. The stock's 50 day moving average is GBX 298.55 and its 200-day moving average is GBX 144.45. Capita has a fifty-two week low of GBX 168 ($2.26) and a fifty-two week high of GBX 358.50 ($4.82). The company has a market capitalization of £4.27 billion, a PE ratio of -104.78, a PEG ratio of 0.18 and a beta of 1.95.

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

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.