Capita Plc Rating Reiterated by RBC Capital (CPI)
Capita Plc (LON:CPI)‘s stock had its “underperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 900 ($14.77) price objective on the stock. RBC Capital’s price target indicates a potential downside of 12.71% from the stock’s previous close.
A number of other firms have also recently commented on CPI. Analysts at Galvan Research reiterated a “buy” rating on shares of Capita Plc in a research note on Monday. They now have a GBX 1,060 ($17.39) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Capita Plc in a research note on Thursday, February 6th. They now have a GBX 880 ($14.44) price target on the stock. Finally, 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 on Wednesday, January 22nd. They now have a “neutral” rating on the stock. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. Capita Plc has an average rating of “Hold” and an average price target of GBX 1,009.60 ($16.56).
Shares of Capita Plc (LON:CPI) opened at 1028.00 on Thursday. Capita Plc has a 52 week low of GBX 805.00 and a 52 week high of GBX 1074.00. The stock’s 50-day moving average is GBX 1027. and its 200-day moving average is GBX 1001.. The company’s market cap is £6.735 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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