Brokerages Set Capita plc (LON:CPI) Price Target at GBX 464.20

Shares of Capita plc (LON:CPI) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 464.20.

A number of research firms have issued reports on CPI. Shore Capital Group restated a “buy” rating on shares of Capita in a report on Thursday. 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. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a research report on Friday. Canaccord Genuity Group restated a “buy” rating and set a GBX 900 target price on shares of Capita in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 450 target price on shares of Capita in a research note on Friday.

Insiders Place Their Bets

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

Trending Headlines about 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

Capita Price Performance

CPI stock opened at GBX 269.57 on Friday. The stock’s 50 day moving average price is GBX 338.31 and its 200 day moving average price is GBX 338.65. The firm has a market cap of £306.63 million, a P/E ratio of 19.88, a PEG ratio of 0.18 and a beta of 0.66. The company has a debt-to-equity ratio of 964.14, a quick ratio of 0.53 and a current ratio of 0.54. Capita has a 1 year low of GBX 168 and a 1 year high of GBX 415.50.

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

Capita Company Profile

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.