Capita PLC (CPI) Stock Rating Reaffirmed by Jefferies Group LLC
Capita PLC (LON:CPI)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Group LLC in a report issued on Friday. They presently have a GBX 750 ($9.69) price target on the stock. Jefferies Group LLC’s price target indicates a potential upside of 19.14% from the stock’s previous close.
Other research analysts have also issued reports about the company. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 750 ($9.69) target price on shares of Capita PLC in a report on Wednesday, June 14th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 510 ($6.59) target price on shares of Capita PLC in a report on Wednesday, June 14th. Peel Hunt reiterated a “reduce” rating and issued a GBX 466 ($6.02) target price on shares of Capita PLC in a report on Tuesday, June 13th. Citigroup Inc. lifted their target price on Capita PLC from GBX 610 ($7.88) to GBX 640 ($8.27) and gave the company a “neutral” rating in a report on Wednesday, July 5th. Finally, Shore Capital reiterated a “sell” rating on shares of Capita PLC in a report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 594.93 ($7.68).
Capita PLC (CPI) traded up 0.16% on Friday, hitting GBX 629.50. The stock had a trading volume of 1,249,906 shares. The firm’s 50-day moving average is GBX 654.86 and its 200-day moving average is GBX 605.42. The company’s market cap is GBX 4.19 billion. Capita PLC has a 52-week low of GBX 431.30 and a 52-week high of GBX 1,043.00.
In other Capita PLC news, insider Ian Powell purchased 3,000 shares of the business’s stock in a transaction on Wednesday, June 28th. The shares were bought at an average cost of GBX 701 ($9.05) per share, for a total transaction of £21,030 ($27,160.02). Also, insider Nick Greatorex purchased 1,500 shares of the business’s stock in a transaction on Tuesday, June 20th. The stock was acquired at an average price of GBX 668 ($8.63) per share, for a total transaction of £10,020 ($12,940.72). Over the last 90 days, insiders acquired 4,550 shares of company stock worth $3,138,425.
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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