Capita plc (LON:CPI) Receives Average Rating of "Moderate Buy" from Brokerages

Capita plc (LON:CPI - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 408.20.

A number of equities analysts recently weighed in on CPI shares. Canaccord Genuity Group restated a "buy" rating and set a GBX 750 target price on shares of Capita in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Berenberg Bank dropped their price objective on Capita from GBX 330 to GBX 270 and set a "hold" rating on the stock in a research note on Wednesday, August 5th. Finally, Peel Hunt restated a "buy" rating and set a GBX 311 target price on shares of Capita in a research note on Tuesday, August 4th.

Capita Stock Performance

CPI opened at GBX 285.18 on Monday. The business's 50-day simple moving average is GBX 274.06 and its 200 day simple moving average is GBX 304.78. Capita has a 52-week low of GBX 215 and a 52-week high of GBX 416. The company has a debt-to-equity ratio of 6,255.83, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market capitalization of £341.59 million, a PE ratio of -1.98, a PEG ratio of 0.18 and a beta of 0.87.

Capita (LON:CPI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share for the quarter. Capita had a negative return on equity of 677.10% and a negative net margin of 10.32%.

Insider Buying and Selling at Capita

In other Capita news, insider Pablo Andres acquired 1,767 shares of the business's stock in a transaction on Friday, May 29th. The stock was purchased at an average price of GBX 402 per share, with a total value of £7,103.34. Also, insider Georgina Harvey bought 2,880 shares of the firm's stock in a transaction on Monday, June 15th. The shares were acquired at an average price of GBX 343 per share, for a total transaction of £9,878.40. Over the last ninety days, insiders have acquired 27,410 shares of company stock valued at $10,897,189. 5.34% of the stock is currently owned by insiders.

Capita Company Profile

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.

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