Capita PLC (CPI) Receives Average Rating of “Hold” from Brokerages
Shares of Capita PLC (LON:CPI) have received an average rating of “Hold” from the fourteen research firms that are covering the company. Four research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 532.77 ($6.88).
CPI has been the subject of several recent research reports. BNP Paribas reiterated a “neutral” rating and issued a GBX 550 ($7.10) target price on shares of Capita PLC in a research note on Monday, February 27th. Shore Capital reiterated a “sell” rating on shares of Capita PLC in a research note on Thursday, March 2nd. Panmure Gordon reiterated a “sell” rating and issued a GBX 440 ($5.68) target price on shares of Capita PLC in a research note on Wednesday, February 22nd. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 685 ($8.84) target price on shares of Capita PLC in a research note on Tuesday, April 25th. Finally, Credit Suisse Group AG lifted their target price on shares of Capita PLC from GBX 535 ($6.91) to GBX 550 ($7.10) and gave the stock a “neutral” rating in a research note on Tuesday, March 21st.
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In other Capita PLC news, insider Chris Sellers sold 4,067 shares of Capita PLC stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of GBX 567 ($7.32), for a total transaction of £23,059.89 ($29,766.22). Also, insider Andy Parker sold 55,686 shares of Capita PLC stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of GBX 570 ($7.36), for a total transaction of £317,410.20 ($409,720.15).
Shares of Capita PLC (LON:CPI) opened at 584.50 on Monday. The company’s market cap is GBX 3.89 billion. Capita PLC has a 12-month low of GBX 431.30 and a 12-month high of GBX 1,101.00. The firm has a 50-day moving average of GBX 562.71 and a 200-day moving average of GBX 540.96.
The business also recently announced a dividend, which will be paid on Monday, July 3rd. Shareholders of record on Thursday, May 25th will be given a dividend of GBX 20.60 ($0.27) per share. The ex-dividend date is Thursday, May 25th. This is a positive change from Capita PLC’s previous dividend of $11.10. This represents a yield of 4.01%.
Capita PLC Company Profile
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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