Liberum Capital Reiterates Hold Rating for Capita PLC (CPI)
Capita PLC (LON:CPI)‘s stock had its “hold” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 1,175 ($19.50) target price on the stock. Liberum Capital’s price objective would suggest a potential downside of 4.00% from the stock’s previous close.
Capita PLC (LON:CPI) opened at 1224.16 on Tuesday. Capita PLC has a one year low of GBX 932.00 and a one year high of GBX 1248.00. The stock has a 50-day moving average of GBX 1189. and a 200-day moving average of GBX 1128.. The company’s market cap is £8.057 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.
CPI has been the subject of a number of other recent research reports. 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 ($20.16) price target on the stock, down previously from GBX 1,250 ($20.74). 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 ($22.24) 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 ($21.57) price target on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,208.39 ($20.05).
Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.
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