Capita Plc Given Sell Rating at Cantor Fitzgerald Europe (CPI)
Capita Plc (LON:CPI)‘s stock had its “sell” rating reaffirmed by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 900 ($14.83) price target on the stock. Cantor Fitzgerald Europe’s price objective would indicate a potential downside of 13.63% from the stock’s previous close.
Shares of Capita Plc (LON:CPI) traded up 0.48% on Tuesday, hitting GBX 1042.00. The stock had a trading volume of 1,124,680 shares. Capita Plc has a 52 week low of GBX 771.00 and a 52 week high of GBX 1060.00. The stock has a 50-day moving average of GBX 1011. and a 200-day moving average of GBX 1001.. The company’s market cap is £6.827 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Seven analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. Capita Plc has an average rating of “Hold” and a consensus price target of GBX 989.58 ($16.31).
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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