Capita Plc Receives “Buy” Rating from Galvan Research (CPI)
Capita Plc (LON:CPI)‘s stock had its “buy” rating reaffirmed by research analysts at Galvan Research in a report released on Monday, Analyst Ratings Network reports. They currently have a GBX 1,060 ($17.39) price target on the stock. Galvan Research’s price objective would suggest a potential upside of 6.48% from the company’s current price.
Capita Plc (LON:CPI) traded up 1.44% during mid-day trading on Monday, hitting GBX 1009.865. The stock had a trading volume of 1,296,976 shares. Capita Plc has a 1-year low of GBX 798.00 and a 1-year high of GBX 1074.00. The stock’s 50-day moving average is GBX 1027.56 and its 200-day moving average is GBX 1001.. The company’s market cap is £6.617 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Capita Plc in a research note to investors on Thursday. They now have a GBX 880 ($14.44) price target on the stock. Separately, analysts at HSBC raised their price target on shares of Capita Plc from GBX 1,050 ($17.23) to GBX 1,060 ($17.39) in a research note to investors on Wednesday, January 22nd. They now have a “neutral” rating on the stock. Finally, analysts at Cantor Fitzgerald Europe upgraded shares of Capita Plc to a “buy” rating in a research note to investors on Monday, January 20th. They now have a GBX 1,200 ($19.69) price target on the stock. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,009.60 ($16.56).
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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