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.

COPYRIGHT VIOLATION WARNING: “Capita PLC (CPI) Stock Rating Reaffirmed by Jefferies Group LLC” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/09/capita-plc-cpi-stock-rating-reaffirmed-by-jefferies-group-llc.html.

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.

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.