Capita (LON:CPI) Price Target Increased to GBX 50 by Analysts at Royal Bank of Canada

Capita (LON:CPIGet Rating) had its price objective raised by Royal Bank of Canada from GBX 40 ($0.48) to GBX 50 ($0.60) in a research report sent to investors on Monday, MarketBeat reports. They currently have an outperform rating on the stock.

Several other analysts have also recently weighed in on CPI. Peel Hunt reiterated a buy rating and issued a GBX 48 ($0.58) price objective on shares of Capita in a research note on Wednesday, February 22nd. Shore Capital restated a hold rating on shares of Capita in a research report on Thursday, March 2nd. Finally, Barclays restated an overweight rating and issued a GBX 40 ($0.48) target price on shares of Capita in a research report on Wednesday, December 14th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Capita has a consensus rating of Moderate Buy and an average price target of GBX 41.50 ($0.50).

Capita Stock Performance

Shares of CPI stock opened at GBX 43.93 ($0.53) on Monday. The company has a market capitalization of £738.04 million, a price-to-earnings ratio of -2,170.15, a PEG ratio of 0.18 and a beta of 1.86. The company has a debt-to-equity ratio of 267.81, a quick ratio of 0.53 and a current ratio of 0.54. The company has a 50-day simple moving average of GBX 28.41 and a 200 day simple moving average of GBX 26.59. Capita has a 52 week low of GBX 20.06 ($0.24) and a 52 week high of GBX 44.92 ($0.54).

About Capita

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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 through Public Service, Experience, and Portfolio divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.

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Analyst Recommendations for Capita (LON:CPI)

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