Capita PLC (LON:CPI)‘s stock had its “sell” rating reissued by Shore Capital in a report released on Tuesday.
A number of other research firms have also weighed in on CPI. Jefferies Group LLC reissued a “buy” rating and set a GBX 750 ($9.86) target price on shares of Capita PLC in a report on Monday, June 26th. Peel Hunt boosted their target price on shares of Capita PLC from GBX 466 ($6.13) to GBX 600 ($7.89) and gave the stock a “reduce” rating in a report on Thursday, September 7th. Numis Securities Ltd reissued a “buy” rating and set a GBX 750 ($9.86) target price on shares of Capita PLC in a report on Wednesday, June 14th. Deutsche Bank AG reissued a “hold” rating and set a GBX 640 ($8.41) target price on shares of Capita PLC in a report on Friday, September 22nd. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 510 ($6.71) target price on shares of Capita PLC in a report on Wednesday, June 14th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. Capita PLC has an average rating of “Hold” and an average target price of GBX 600.27 ($7.89).
Capita PLC (CPI) opened at 544.50 on Tuesday. The firm’s market capitalization is GBX 3.62 billion. Capita PLC has a 12 month low of GBX 431.30 and a 12 month high of GBX 721.00. The stock’s 50 day moving average is GBX 607.64 and its 200-day moving average is GBX 612.15.
In other news, insider Ian Powell purchased 3,400 shares of the company’s stock in a transaction dated Tuesday, October 10th. The shares were purchased at an average price of GBX 580 ($7.63) per share, for a total transaction of £19,720 ($25,926.90). Insiders bought a total of 3,485 shares of company stock worth $2,024,187 in the last 90 days.
About Capita PLC
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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