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

Capita plc (LON:CPI) has been given a consensus rating of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 464.20.

Several research firms have commented on CPI. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 900 target price on shares of Capita in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Friday, March 27th. Shore Capital Group reissued a “buy” rating on shares of Capita in a research note on Thursday. Berenberg Bank decreased their price objective on Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 450 target price on shares of Capita in a research report on Friday, March 27th.

Capita Stock Performance

Shares of Capita stock opened at GBX 279.56 on Tuesday. The company’s 50 day moving average price is GBX 297.65 and its two-hundred day moving average price is GBX 337.51. The firm has a market capitalization of £318.00 million, a P/E ratio of -1.94, a P/E/G ratio of 0.18 and a beta of 0.80. Capita has a fifty-two week low of GBX 180.02 and a fifty-two week high of GBX 415.50. 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 (LON:CPI) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 earnings per share (EPS) for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Insider Buying and Selling

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

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.