Capita Plc Upgraded by Cantor Fitzgerald Europe to Buy (CPI)
Capita Plc (LON:CPI) was upgraded by Cantor Fitzgerald Europe to a “buy” rating in a research note issued on Monday, Analyst Ratings Network reports. The firm currently has a GBX 1,200 ($19.70) price target on the stock. Cantor Fitzgerald Europe’s price target indicates a potential upside of 13.64% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Capita Plc in a research note to investors on Monday, January 13th. They now have a GBX 1,150 ($18.88) price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Capita Plc from GBX 870 ($14.28) to GBX 900 ($14.77) in a research note to investors on Monday, January 13th. 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, January 10th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. Capita Plc currently has a consensus rating of “Hold” and a consensus price target of GBX 1,006.25 ($16.52).
Shares of Capita Plc (LON:CPI) traded down 0.09% during mid-day trading on Monday, hitting GBX 1056.00. 470,067 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 1069.00. The stock has a 50-day moving average of GBX 1019. and a 200-day moving average of GBX 1003.. The company’s market cap is £6.919 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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