Capita’s (CPI) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Capita (LON:CPI) in a report issued on Friday morning, Marketbeat.com reports. The brokerage currently has a GBX 450 price target on the stock.

Several other research analysts have also recently issued reports on CPI. Canaccord Genuity Group restated a “buy” rating and issued a GBX 900 target price on shares of Capita in a report on Friday. Berenberg Bank lowered their price target on shares of Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th. Shore Capital Group reissued a “buy” rating on shares of Capita in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a report on Friday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 464.20.

Capita Price Performance

Shares of CPI opened at GBX 269.57 on Friday. The business has a 50-day moving average of GBX 338.31 and a 200-day moving average of GBX 338.65. The company has a debt-to-equity ratio of 964.14, a current ratio of 0.54 and a quick ratio of 0.53. Capita has a 1 year low of GBX 168 and a 1 year high of GBX 415.50. The company has a market capitalization of £306.63 million, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 0.18 and a beta of 0.66.

Capita (LON:CPI) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 EPS for the quarter. Capita had a negative return on equity of 142.88% and a negative net margin of 7.45%.

Insider Activity at Capita

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

Key Headlines Impacting Capita

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

About Capita

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.