Barclays Reiterates “Equal Weight” Rating for Capita PLC (CPI)
Capita PLC (LON:CPI)‘s stock had its “equal weight” rating reiterated by stock analysts at Barclays in a report issued on Thursday. They currently have a GBX 1,280 ($21.87) target price on the stock. Barclays’ price target would indicate a potential upside of 5.44% from the stock’s previous close.
CPI has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Capita PLC in a research note on Thursday. They now have a GBX 1,075 ($18.37) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Capita PLC in a research note on Wednesday. They now have a GBX 1,160 ($19.82) price target on the stock. Finally, analysts at Investec upgraded shares of Capita PLC to an “add” rating in a research note on Wednesday. They now have a GBX 1,230 ($21.02) price target on the stock, up previously from GBX 1,100 ($18.80). Three research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company’s stock. Capita PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 1,180.21 ($20.17).
Capita PLC (LON:CPI) traded down 0.17% on Thursday, hitting GBX 1208.00. 933,547 shares of the company’s stock traded hands. Capita PLC has a 52 week low of GBX 932.00 and a 52 week high of GBX 1231.00. The stock’s 50-day moving average is GBX 1145. and its 200-day moving average is GBX 1095.. The company’s market cap is £7.924 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, October 7th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 9.60 ($0.16) per share. This represents a dividend yield of 0.79%. The ex-dividend date is Wednesday, August 27th.
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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