Capita PLC (CPI) Rating Reiterated by Shore Capital

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.

COPYRIGHT VIOLATION WARNING: “Capita PLC (CPI) Rating Reiterated by Shore Capital” was first published by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.themarketsdaily.com/2017/10/12/capita-plc-cpi-rating-reiterated-by-shore-capital.html.

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.

Analyst Recommendations for Capita PLC (LON:CPI)

Receive News & Ratings for Capita PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply