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.
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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