Capita PLC (LON:CPI) has earned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 613.50 ($8.07).
A number of research firms recently commented on CPI. Citigroup Inc. reissued a “neutral” rating on shares of Capita PLC in a research report on Monday. Deutsche Bank AG decreased their target price on shares of Capita PLC from GBX 640 ($8.42) to GBX 580 ($7.63) and set a “hold” rating for the company in a research report on Tuesday, October 24th. Peel Hunt reissued a “reduce” rating and set a GBX 600 ($7.89) target price on shares of Capita PLC in a research report on Thursday, September 21st. Numis Securities Ltd decreased their target price on shares of Capita PLC from GBX 850 ($11.18) to GBX 800 ($10.52) and set a “buy” rating for the company in a research report on Wednesday, November 1st. Finally, Panmure Gordon reissued a “sell” rating on shares of Capita PLC in a research report on Friday, September 29th.
In other Capita PLC news, insider Matthew Lester bought 8,698 shares of Capita PLC stock in a transaction that occurred on Wednesday, October 11th. The stock was purchased at an average price of GBX 570 ($7.50) per share, with a total value of £49,578.60 ($65,209.26). Also, insider Ian Powell bought 3,400 shares of Capita PLC stock in a transaction that occurred on Tuesday, October 10th. The shares were acquired at an average cost of GBX 580 ($7.63) per share, with a total value of £19,720 ($25,937.13). In the last ninety days, insiders acquired 12,190 shares of company stock valued at $6,981,880.
Shares of Capita PLC (LON:CPI) opened at GBX 495.20 ($6.51) on Monday. Capita PLC has a 52-week low of GBX 431.30 ($5.67) and a 52-week high of GBX 721 ($9.48).
The business also recently declared a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 19th will be issued a GBX 11.10 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, October 19th. This represents a dividend yield of 2.01%.
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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, Customer Management, Capita Europe and Insurance & Benefits Services.
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