Capita Plc Given New GBX 1,060 Price Target at HSBC (CPI)
Research analysts at HSBC raised their price objective on shares of Capita Plc (LON:CPI) from GBX 1,050 ($17.24) to GBX 1,060 ($17.40) in a report released on Wednesday, Analyst Ratings News reports. The firm currently has a “neutral” rating on the stock. HSBC’s price target would suggest a potential downside of 0.84% from the company’s current price.
CPI has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald Europe upgraded shares of Capita Plc to a “buy” rating in a research note to investors on Monday. They now have a GBX 1,200 ($19.70) price target on the stock. 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 company’s stock. Capita Plc has an average rating of “Hold” and a consensus target price of GBX 1,006.80 ($16.53).
Capita Plc (LON:CPI) opened at 1066.00 on Wednesday. Capita Plc has a 52-week low of GBX 771.00 and a 52-week high of GBX 1069.00. The stock’s 50-day moving average is GBX 1021. and its 200-day moving average is GBX 1004.. The company’s market cap is £6.984 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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