Cantor Fitzgerald Europe Reiterates Sell Rating for Capita Plc (CPI)
Capita Plc (LON:CPI)‘s stock had its “sell” rating reaffirmed by Cantor Fitzgerald Europe in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 900 ($14.83) price target on the stock. Cantor Fitzgerald Europe’s price target would suggest a potential downside of 13.21% from the company’s current price.
A number of other analysts have also recently weighed in on CPI. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Capita Plc in a research note to investors on Monday. They now have a GBX 1,150 ($18.95) price target on the stock. Separately, 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. Finally, analysts at UBS AG upgraded shares of Capita Plc to a “buy” rating in a research note to investors on Friday. Eight equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 984.86 ($16.23).
Shares of Capita Plc (LON:CPI) traded up 0.39% on Tuesday, hitting GBX 1041.00. The stock had a trading volume of 568,411 shares. 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 1010. and its 200-day moving average is GBX 1001.. The company’s market cap is £6.821 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.
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