Capita PLC Given Hold Rating at Liberum Capital (CPI)
Capita PLC (LON:CPI)‘s stock had its “hold” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 1,100 ($18.49) target price on the stock. Liberum Capital’s price objective indicates a potential downside of 3.85% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd upgraded shares of Capita PLC to a “buy” rating in a research note on Monday. They now have a GBX 1,365 ($22.95) price target on the stock, up previously from GBX 1,152 ($19.37). Separately, analysts at Berenberg Bank raised their price target on shares of Capita PLC from GBX 1,060 ($17.82) to GBX 1,160 ($19.50) in a research note on Tuesday, May 13th. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Capita PLC in a research note on Tuesday, May 13th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,114.67 ($18.74).
Capita PLC (LON:CPI) traded down 1.31% during mid-day trading on Friday, hitting GBX 1129.00. The stock had a trading volume of 1,046,071 shares. Capita PLC has a 52 week low of GBX 930.86 and a 52 week high of GBX 1162.00. The stock has a 50-day moving average of GBX 1101.81 and a 200-day moving average of GBX 1065.. The company’s market cap is £7.406 billion.
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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