Capita (LON:CPI) had its price target lowered by Credit Suisse Group from GBX 455 ($6.29) to GBX 187 ($2.58) in a report released on Wednesday. Credit Suisse Group currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the company. Shore Capital reissued a sell rating on shares of Capita in a research report on Monday, October 23rd. Peel Hunt reissued a hold rating and issued a GBX 562 ($7.76) target price on shares of Capita in a research report on Thursday, December 14th. Deutsche Bank dropped their target price on Capita from GBX 580 ($8.01) to GBX 450 ($6.22) and set a hold rating on the stock in a research report on Friday, December 22nd. Royal Bank of Canada dropped their target price on Capita from GBX 500 ($6.91) to GBX 185 ($2.56) and set a sector performer rating on the stock in a research report on Thursday, February 1st. Finally, HSBC cut Capita to a hold rating and dropped their target price for the stock from GBX 640 ($8.84) to GBX 200 ($2.76) in a research report on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. Capita currently has an average rating of Hold and a consensus price target of GBX 404.80 ($5.59).
Capita (CPI) traded down GBX 7.10 ($0.10) during trading on Wednesday, hitting GBX 182.40 ($2.52). The company had a trading volume of 2,770,000 shares, compared to its average volume of 7,580,000. Capita has a 12 month low of GBX 151.52 ($2.09) and a 12 month high of GBX 721 ($9.96). The stock has a market capitalization of $1,220.00 and a PE ratio of 18,240.00.
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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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