Capita PLC (CPI) Shares Down 0%

Capita PLC (LON:CPI) dropped 0% on Monday . The stock traded as low as GBX 508.50 ($6.69) and last traded at GBX 493.70 ($6.49). Approximately 2,438,953 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 2,080,000 shares. The stock had previously closed at GBX 493.70 ($6.49).

CPI has been the subject of several research reports. Peel Hunt restated a “reduce” rating and issued a GBX 662 ($8.71) price objective on shares of Capita PLC in a research report on Monday, November 6th. Shore Capital restated a “sell” rating on shares of Capita PLC in a research report on Tuesday, October 10th. Numis Securities Ltd restated a “buy” rating and issued a GBX 850 ($11.18) price objective on shares of Capita PLC in a research report on Friday, September 8th. Citigroup Inc. restated a “neutral” rating and issued a GBX 535 ($7.04) price objective (down previously from GBX 640 ($8.42)) on shares of Capita PLC in a research report on Monday. Finally, Jefferies Group LLC restated a “buy” rating and issued a GBX 750 ($9.86) price objective on shares of Capita PLC in a research report on Friday, September 8th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 590.07 ($7.76).

The company also recently disclosed a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 19th will be issued a dividend of GBX 11.10 ($0.15) per share. This represents a yield of 2.01%. The ex-dividend date is Thursday, October 19th.

In related news, insider Ian Powell purchased 3,400 shares of the business’s stock in a transaction on Tuesday, October 10th. The shares were purchased at an average price of GBX 580 ($7.63) per share, with a total value of £19,720 ($25,937.13). Also, insider Matthew Lester purchased 8,698 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was bought at an average cost of GBX 570 ($7.50) per share, for a total transaction of £49,578.60 ($65,209.26). In the last ninety days, insiders acquired 12,190 shares of company stock worth $6,981,880.

TRADEMARK VIOLATION WARNING: “Capita PLC (CPI) Shares Down 0%” was originally reported by Markets Daily and is owned by of Markets Daily. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.themarketsdaily.com/2017/11/15/capita-plc-cpi-shares-down-0.html.

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.

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