Capita plc (LON:CPI) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Capita plc (LON:CPI) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 464.20.

A number of brokerages recently commented on CPI. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Friday, March 27th. Berenberg Bank cut their price target on Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th. Shore Capital Group reissued a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 450 price target on shares of Capita in a report on Friday, March 27th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 900 price target on shares of Capita in a report on Friday, March 27th.

Insider Activity

In other news, insider Pablo Andres purchased 12,178 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were bought at an average cost of GBX 280 per share, with a total value of £34,098.40. Also, insider Adolfo Hernandez purchased 34,540 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of GBX 279 per share, for a total transaction of £96,366.60. Insiders have acquired a total of 58,718 shares of company stock worth $16,346,500 over the last ninety days. 13.40% of the stock is owned by corporate insiders.

Capita Price Performance

Shares of LON CPI opened at GBX 319.26 on Friday. The stock has a market cap of £382.41 million, a price-to-earnings ratio of -2.22, a PEG ratio of 0.18 and a beta of 0.82. Capita has a 52 week low of GBX 208.20 and a 52 week high of GBX 415.50. The company’s 50-day moving average price is GBX 283.39 and its 200 day moving average price is GBX 335.42. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14.

Capita (LON:CPI) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 49.71 EPS for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Capita Company Profile

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. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.