Shares of Capita PLC (LON:CPI) have received an average rating of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 589 ($7.63).

CPI has been the topic of several research reports. BNP Paribas reaffirmed a “neutral” rating and set a GBX 500 ($6.48) price target on shares of Capita PLC in a report on Monday, March 13th. HSBC Holdings plc lifted their target price on shares of Capita PLC from GBX 500 ($6.48) to GBX 590 ($7.64) and gave the stock a “hold” rating in a research report on Friday, March 17th. Credit Suisse Group lifted their target price on shares of Capita PLC from GBX 535 ($6.93) to GBX 550 ($7.12) and gave the stock a “neutral” rating in a research report on Tuesday, March 21st. Shore Capital reiterated a “sell” rating on shares of Capita PLC in a research report on Wednesday, March 22nd. Finally, Deutsche Bank AG lifted their target price on shares of Capita PLC from GBX 470 ($6.09) to GBX 560 ($7.25) and gave the stock a “hold” rating in a research report on Wednesday, March 29th.

In related news, insider Nick Greatorex bought 1,800 shares of the company’s stock in a transaction that occurred on Wednesday, June 7th. The shares were bought at an average price of GBX 545 ($7.06) per share, for a total transaction of £9,810 ($12,707.25). Also, insider Ian Powell bought 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were bought at an average price of GBX 701 ($9.08) per share, for a total transaction of £21,030 ($27,240.93). Insiders have purchased a total of 6,325 shares of company stock worth $4,102,650 in the last quarter.

Capita PLC (CPI) opened at 649.50 on Tuesday. Capita PLC has a one year low of GBX 431.30 and a one year high of GBX 1,066.60. The company has a 50-day moving average of GBX 608.96 and a 200 day moving average of GBX 552.98. The firm’s market capitalization is GBX 4.32 billion.

COPYRIGHT VIOLATION WARNING: “Capita PLC (LON:CPI) Receives Average Recommendation of “Hold” from Brokerages” was first published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/07/11/capita-plc-loncpi-receives-average-recommendation-of-hold-from-brokerages.html.

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.

Analyst Recommendations for Capita PLC (LON:CPI)

Receive News & Ratings for Capita PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita PLC and related companies with MarketBeat.com's FREE daily email newsletter.