Capita Plc Receives Sell Rating from Cantor Fitzgerald Europe (CPI)
Capita Plc (LON:CPI)‘s stock had its “sell” rating reaffirmed by Cantor Fitzgerald Europe in a research note issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 900 ($14.83) target price on the stock. Cantor Fitzgerald Europe’s price objective points to a potential downside of 13.21% from the company’s current price.
Shares of Capita Plc (LON:CPI) opened at 1043.00 on Tuesday. 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 1010. and a 200-day moving average of GBX 1001.. The company’s market cap is £6.834 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. Eight analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus 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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