Capita PLC Given Average Recommendation of “Hold” by Brokerages (LON:CPI)
Capita PLC (LON:CPI) has been given a consensus rating of “Hold” by the eighteen brokerages that are presently covering the stock, AnalystRatingsNetwork.com reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,208.39 ($20.27).
Shares of Capita PLC (LON:CPI) opened at 1192.00 on Wednesday. Capita PLC has a one year low of GBX 925.04 and a one year high of GBX 1248.00. The stock’s 50-day moving average is GBX 1166. and its 200-day moving average is 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 of this dividend is Wednesday, August 27th.
A number of research firms have recently commented on CPI. Analysts at Liberum Capital reiterated a “hold” rating on shares of Capita PLC in a research note on Friday. They now have a GBX 1,175 ($19.71) price target on the stock. Separately, 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). Finally, 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.
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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