Capita (LON:CPI) Price Target Raised to GBX 320

Capita (LON:CPIFree Report) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 300 to GBX 320 in a research report sent to investors on Friday morning, MarketBeat Ratings reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts also recently commented on CPI. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a research report on Thursday. Berenberg Bank lowered their price target on Capita to GBX 330 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 900 price objective on shares of Capita in a report on Friday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Capita presently has an average rating of “Moderate Buy” and a consensus target price of GBX 464.20.

Check Out Our Latest Stock Report on CPI

Capita Stock Performance

Shares of CPI stock opened at GBX 269.57 on Friday. The company has a 50 day moving average price of GBX 338.31 and a 200-day moving average price of GBX 338.65. Capita has a 52 week low of GBX 168 and a 52 week high of GBX 415.50. The firm has a market capitalization of £306.63 million, a PE ratio of 19.88, a P/E/G ratio of 0.18 and a beta of 0.66. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 964.14.

Capita (LON:CPIGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported GBX 49.71 earnings per share for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Insider Activity at Capita

In other Capita news, insider Adolfo Hernandez acquired 34,540 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of GBX 279 per share, with a total value of £96,366.60. Also, insider Pablo Andres bought 12,178 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average price of GBX 280 per share, with a total value of £34,098.40. Insiders bought a total of 58,718 shares of company stock worth $16,346,500 in the last quarter. Company insiders own 13.40% of the company’s stock.

Key Capita News

Here are the key news stories impacting Capita this week:

  • Positive Sentiment: Capita agreed to sell its private‑sector contact‑centre business as it refocuses on public services and pensions; the disposal was cited as the main near‑term catalyst lifting the shares. Capita shares jump on sale of call centre business
  • Positive Sentiment: Capita sold private‑sector contact centres — company update/press coverage highlighting the strategic refocus that investors view as value‑creative. Capita Sells Private Sector Contact Centres to Refocus on Public Services and Pensions
  • Positive Sentiment: Canaccord Genuity reaffirmed a “buy” rating and retains an aggressive GBX 900 price target — a very bullish signal from a broker that could support upside sentiment. London Stock Exchange
  • Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 450 price target, adding further buy‑side support. London Stock Exchange
  • Positive Sentiment: Deutsche Bank raised its price target from GBX 300 to GBX 320 (rating: hold) — a modest upgrade to valuation assumptions that reduces near‑term downside. London Stock Exchange
  • Positive Sentiment: Shore Capital reaffirmed its “buy” rating, another broker reiteration supporting the trade after the disposal news. Digital Look

Capita Company Profile

(Get Free Report)

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.

Read More

Analyst Recommendations for Capita (LON:CPI)

Receive News & Ratings for Capita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita and related companies with MarketBeat.com's FREE daily email newsletter.