Capita (CPI) Trading 0% Higher

Capita plc (LON:CPI) shares traded up 0% during mid-day trading on Monday . The stock traded as high as GBX 467 ($6.29) and last traded at GBX 466.20 ($6.27). 1,696,899 shares were traded during mid-day trading, a decline of 21% from the average session volume of 2,140,000 shares. The stock had previously closed at GBX 466.20 ($6.27).

Several research analysts have recently issued reports on the stock. Shore Capital restated a “sell” rating on shares of Capita in a report on Monday, October 23rd. Peel Hunt restated a “reduce” rating and issued a GBX 662 ($8.91) target price on shares of Capita in a report on Monday, November 6th. Panmure Gordon restated a “sell” rating on shares of Capita in a report on Friday, September 29th. Deutsche Bank restated a “hold” rating and issued a GBX 640 ($8.61) target price on shares of Capita in a report on Friday, September 22nd. Finally, Numis Securities cut their target price on shares of Capita from GBX 850 ($11.44) to GBX 800 ($10.77) and set a “buy” rating on the stock in a report on Wednesday, November 1st. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Capita currently has a consensus rating of “Hold” and an average price target of GBX 596.50 ($8.03).

The firm also recently declared a dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, October 19th were paid a GBX 11.10 ($0.15) dividend. This represents a yield of 2.01%. The ex-dividend date of this dividend was Thursday, October 19th.

In other news, insider Matthew Lester acquired 8,698 shares of the stock in a transaction on Wednesday, October 11th. The stock was acquired at an average price of GBX 570 ($7.67) per share, with a total value of £49,578.60 ($66,727.59). Also, insider Ian Powell acquired 3,400 shares of the stock in a transaction on Tuesday, October 10th. The shares were purchased at an average cost of GBX 580 ($7.81) per share, with a total value of £19,720 ($26,541.05). Insiders purchased 12,190 shares of company stock valued at $6,981,880 in the last ninety days.

COPYRIGHT VIOLATION WARNING: This report was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2017/12/04/capita-cpi-trading-0-higher.html.

Capita Company Profile

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.

Leave a Reply