Capita’s (CPI) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Capita (LON:CPI) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 900 target price on the stock.

A number of other brokerages have also recently issued reports on CPI. Berenberg Bank began coverage on shares of Capita in a report on Wednesday, October 29th. They set a “hold” rating and a GBX 350 target price on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 321 target price on shares of Capita in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 494.

Capita Trading Up 0.1%

Shares of Capita stock opened at GBX 390 on Monday. The stock has a market capitalization of £443.62 million, a P/E ratio of 28.76, a P/E/G ratio of 0.18 and a beta of 1.95. Capita has a 52-week low of GBX 168 and a 52-week high of GBX 415.50. The company has a debt-to-equity ratio of 291.56, a quick ratio of 0.53 and a current ratio of 0.53. The stock’s 50-day simple moving average is GBX 333.51 and its 200 day simple moving average is GBX 299.24.

About Capita

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology.