Capita plc (LON:CPI) Receives GBX 464.20 Average Target Price from Brokerages

Shares of Capita plc (LON:CPI) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 464.20.

CPI has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research note on Friday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 450 price objective on shares of Capita in a research note on Friday, March 27th. Berenberg Bank lowered their price objective on shares of Capita to GBX 330 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 900 price objective on shares of Capita in a research note on Friday, March 27th. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a research note on Thursday, April 23rd.

Insider Transactions at Capita

In other Capita news, insider Pablo Andres acquired 1,767 shares of the stock in a transaction dated Friday, May 29th. The shares were bought at an average price of GBX 402 per share, with a total value of £7,103.34. Also, insider Adolfo Hernandez bought 2,763 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was purchased at an average price of GBX 405 per share, with a total value of £11,190.15. Insiders have acquired 24,530 shares of company stock valued at $9,909,349 in the last quarter. Insiders own 5.34% of the company’s stock.

Capita Stock Up 1.6%

Capita stock opened at GBX 349 on Wednesday. The stock has a market cap of £418.03 million, a price-to-earnings ratio of -2.42, a PEG ratio of 0.18 and a beta of 0.82. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14. The company’s 50-day moving average price is GBX 322.77 and its two-hundred day moving average price is GBX 343.65. Capita has a 52 week low of GBX 224 and a 52 week high of GBX 416.

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

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.