Capita PLC’s Hold Rating Reaffirmed at Deutsche Bank (CPI)
Capita PLC (LON:CPI)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday. They currently have a GBX 1,091 ($18.52) price target on the stock. Deutsche Bank’s price target would indicate a potential downside of 6.43% from the stock’s previous close.
Capita PLC (LON:CPI) traded up 0.09% on Friday, hitting GBX 1166.00. The stock had a trading volume of 1,649,076 shares. Capita PLC has a 1-year low of GBX 932.00 and a 1-year high of GBX 1168.00. The stock has a 50-day moving average of GBX 1112. and a 200-day moving average of GBX 1071.68. The company’s market cap is £7.649 billion.
A number of other firms have also recently commented on CPI. Analysts at Liberum Capital reiterated a “hold” rating on shares of Capita PLC in a research note on Friday, June 13th. They now have a GBX 1,100 ($18.67) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Capita PLC to a “buy” rating in a research note on Monday, June 9th. They now have a GBX 1,365 ($23.17) price target on the stock, up previously from GBX 1,152 ($19.56). Finally, analysts at Berenberg Bank raised their price target on shares of Capita PLC from GBX 1,060 ($17.99) to GBX 1,160 ($19.69) in a research note on Tuesday, May 13th. They now have a “hold” rating on the stock. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 1,114.67 ($18.92).
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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