Shares of Capita plc (LON:CPI) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 616.42 ($8.30).

CPI has been the topic of several research analyst reports. Deutsche Bank decreased their price objective on shares of Capita from GBX 640 ($8.61) to GBX 580 ($7.81) and set a “hold” rating on the stock in a research note on Tuesday, October 24th. Citigroup reissued a “neutral” rating and set a GBX 535 ($7.20) price target (down from GBX 640 ($8.61)) on shares of Capita in a research note on Monday, November 13th. Jefferies Group reissued a “buy” rating and set a GBX 750 ($10.09) price target on shares of Capita in a research note on Friday, September 8th. Peel Hunt increased their price target on shares of Capita from GBX 466 ($6.27) to GBX 600 ($8.08) and gave the company a “reduce” rating in a research note on Thursday, September 7th. Finally, Numis Securities decreased their price target on shares of Capita from GBX 850 ($11.44) to GBX 800 ($10.77) and set a “buy” rating on the stock in a research note on Wednesday, November 1st.

In related news, insider Matthew Lester acquired 8,698 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The shares were acquired at an average cost of GBX 570 ($7.67) per share, for a total transaction of £49,578.60 ($66,727.59). Also, insider Ian Powell acquired 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The shares were bought at an average price of GBX 580 ($7.81) per share, for a total transaction of £19,720 ($26,541.05). Over the last quarter, insiders acquired 12,162 shares of company stock worth $6,964,548.

Shares of Capita (LON CPI) opened at GBX 489.20 ($6.58) on Friday. Capita has a 52 week low of GBX 431.30 ($5.80) and a 52 week high of GBX 721 ($9.70).

The firm also recently disclosed a dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, October 19th were issued a GBX 11.10 ($0.15) dividend. The ex-dividend date was Thursday, October 19th. This represents a yield of 2.01%.

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About Capita

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, Customer Management, Capita Europe and Insurance & Benefits Services.

Analyst Recommendations for Capita (LON:CPI)

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