Capita PLC Given “Hold” Rating at Liberum Capital (CPI)
Capita PLC (LON:CPI)‘s stock had its “hold” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Friday. They currently have a GBX 1,175 ($19.71) price target on the stock. Liberum Capital’s price target indicates a potential downside of 1.59% from the stock’s previous close.
Capita PLC (LON:CPI) traded down 0.17% during mid-day trading on Friday, hitting GBX 1192.00. 1,339,466 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 1248.00. The stock has a 50-day moving average of GBX 1165. and a 200-day moving average of GBX 1110.. The company’s market cap is £7.846 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, October 7th. Shareholders 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.
A number of other firms have also recently commented on CPI. Analysts at Credit Suisse downgraded shares of Capita PLC to a “neutral” rating in a research note on Friday, August 1st. They now have a GBX 1,215 ($20.38) price target on the stock, down previously from GBX 1,250 ($20.97). Separately, analysts at HSBC reiterated an “overweight” rating on shares of Capita PLC in a research note on Monday, July 28th. They now have a GBX 1,340 ($22.48) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Capita PLC in a research note on Thursday, July 24th. They now have a GBX 1,300 ($21.81) price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Capita PLC has an average rating of “Hold” and a consensus price target of GBX 1,208.39 ($20.27).
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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