Capita (LON:CPI – Get 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).
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.
- Go Where the Money Is. Here’s 3 Top Bank Dividend Stocks to Buy
- Another Catalyst For Mullen Automotive Stock
- Solar Tech-Services; Nextracker Should Be On Your Radar
- Is American Lithium a Safe Bet as Demand for Lithium Soars
- Highwoods Properties, High-quality Real Estate for a Discount
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.