Capita (LON:CPI) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Capita (LON:CPI) in a research report sent to investors on Tuesday, MarketBeat.com reports. They currently have a GBX 35 ($0.44) price target on the stock.

A number of other research firms have also weighed in on CPI. Shore Capital reissued a buy rating on shares of Capita in a research note on Wednesday, March 13th. Royal Bank of Canada reduced their price target on Capita to GBX 1,800 ($22.61) and set a sector perform rating on the stock in a report on Tuesday, March 12th.

Capita Trading Down 0.9 %

LON CPI opened at GBX 14.05 ($0.18) on Tuesday. Capita has a 1-year low of GBX 12.48 ($0.16) and a 1-year high of GBX 36.86 ($0.46). The company has a current ratio of 0.49, a quick ratio of 0.53 and a debt-to-equity ratio of 628.81. The stock has a 50-day moving average of GBX 14.27 and a 200-day moving average of GBX 17.60. The firm has a market cap of £237.45 million, a PE ratio of -141.80, a price-to-earnings-growth ratio of 0.18 and a beta of 1.83.

Insider Activity at Capita

In other Capita news, insider Adolfo Hernandez purchased 325,000 shares of Capita stock in a transaction that occurred on Wednesday, March 6th. The shares were bought at an average price of GBX 16 ($0.20) per share, for a total transaction of £52,000 ($65,326.63). In other news, insider Adolfo Hernandez bought 325,000 shares of Capita stock in a transaction on Wednesday, March 6th. The shares were purchased at an average price of GBX 16 ($0.20) per share, for a total transaction of £52,000 ($65,326.63). Also, insider Nneka Abulokwe bought 74,324 shares of Capita stock in a transaction on Wednesday, March 20th. The shares were purchased at an average price of GBX 13 ($0.16) per share, for a total transaction of £9,662.12 ($12,138.34). Insiders have acquired a total of 650,660 shares of company stock worth $9,683,580 in the last 90 days. Company insiders own 4.67% of the company’s stock.

About Capita

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.