Capita (CPI) Stock Rating Reaffirmed by Numis Securities
Capita (LON:CPI)‘s stock had its “buy” rating reiterated by analysts at Numis Securities in a research note issued on Thursday. They currently have a GBX 565 ($7.66) price objective on the stock. Numis Securities’ price target suggests a potential upside of 48.22% from the company’s previous close.
Several other analysts have also recently issued reports on the stock. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 662 ($8.98) price target on shares of Capita in a report on Monday, November 6th. Shore Capital reaffirmed a “sell” rating on shares of Capita in a report on Thursday, December 14th. Citigroup reaffirmed a “neutral” rating and issued a GBX 535 ($7.26) price target (down from GBX 640 ($8.68)) on shares of Capita in a report on Monday, November 13th. Deutsche Bank cut their price target on shares of Capita from GBX 640 ($8.68) to GBX 580 ($7.87) and set a “hold” rating on the stock in a report on Tuesday, October 24th. Finally, Credit Suisse Group cut their price target on shares of Capita from GBX 550 ($7.46) to GBX 455 ($6.17) and set a “neutral” rating on the stock in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Capita has a consensus rating of “Hold” and a consensus price target of GBX 534.75 ($7.25).
Shares of Capita (LON CPI) traded down GBX 7.30 ($0.10) during mid-day trading on Thursday, hitting GBX 381.20 ($5.17). 1,996,030 shares of the stock traded hands, compared to its average volume of 2,770,000. The stock has a market capitalization of $2,560.00 and a P/E ratio of 38,120.00. Capita has a fifty-two week low of GBX 381.60 ($5.17) and a fifty-two week high of GBX 721 ($9.78).
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.
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