Capita Plc Given Outperform Rating at Credit Suisse (CPI)
Capita Plc (LON:CPI)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Monday, AnalystRatings.Net reports. They currently have a GBX 1,150 ($18.95) price objective on the stock. Credit Suisse’s price objective indicates a potential upside of 10.26% from the company’s current price.
A number of other firms have also recently commented on CPI. Analysts at RBC Capital raised their price target on shares of Capita Plc from GBX 870 ($14.34) to GBX 900 ($14.83) in a research note to investors on Monday. They now have an “underperform” rating on the stock. Separately, analysts at UBS AG upgraded shares of Capita Plc to a “buy” rating in a research note to investors on Friday. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Capita Plc in a research note to investors on Friday. They now have a GBX 880 ($14.50) price target on the stock. Eight investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 984.86 ($16.23).
Capita Plc (LON:CPI) traded down 0.67% on Monday, hitting GBX 1036.00. 438,696 shares of the company’s stock traded hands. Capita Plc has a 52-week low of GBX 771.00 and a 52-week high of GBX 1060.00. The stock’s 50-day moving average is GBX 1008. and its 200-day moving average is GBX 1000.. The company’s market cap is £6.788 billion.
Capita plc, formerly The Capita Group Plc, is a provider of business process outsourcing solutions and professional support services to organizations across the public and private sectors.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.