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Equities researchers at RBC Capital hoisted their price objective on shares of Capita Plc (LON:CPI) from GBX 870 ($14.34) to GBX 900 ($14.83) in a research report issued on Monday, AnalystRatingsNetwork reports. The firm currently has an “underperform” rating on the stock. RBC Capital’s price target suggests a potential downside of 13.21% from the stock’s previous close.

Capita Plc (LON:CPI) traded down 0.58% on Monday, hitting GBX 1037.00. 695,467 shares of the company’s stock traded hands. Capita Plc has a one year low of GBX 771.00 and a one year high of GBX 1060.00. The stock has a 50-day moving average of GBX 1010. and a 200-day moving average of GBX 1001.. The company’s market cap is £6.794 billion.

A number of other analysts have also recently weighed in on CPI. Analysts at UBS AG upgraded shares of Capita Plc to a “buy” rating in a research note to investors on Friday. Separately, 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. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Capita Plc in a research note to investors on Friday, November 29th. They now have a GBX 1,150 ($18.95) price target on the stock. Eight research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company’s stock. Capita Plc currently has an average rating of “Hold” and an average price target of GBX 984.86 ($16.23).

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.

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