Deutsche Bank Reiterates Hold Rating for Capita PLC (CPI)
Capita PLC (LON:CPI)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Monday, StockRatingsNetwork.com reports. They currently have a GBX 1,091 ($18.38) price target on the stock. Deutsche Bank’s target price indicates a potential downside of 1.00% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon raised their price target on shares of Capita PLC from GBX 950 ($16.00) to GBX 1,200 ($20.21) in a research note on Monday. They now have a “hold” rating on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Capita PLC in a research note on Monday. They now have a GBX 1,300 ($21.90) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Capita PLC in a research note on Wednesday, May 7th. They now have a GBX 970 ($16.34) price target on the stock. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. Capita PLC has an average rating of “Hold” and a consensus price target of GBX 1,111.50 ($18.72).
Shares of Capita PLC (LON:CPI) opened at 1113.00 on Monday. Capita PLC has a one year low of GBX 906.0001 and a one year high of GBX 1162.00. The stock’s 50-day moving average is GBX 1089.81 and its 200-day moving average is GBX 1043.. The company’s market cap is £7.301 billion.
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.