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.
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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.
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