Capita (LON:CPI) had its price objective lowered by equities research analysts at Credit Suisse Group from GBX 550 ($7.46) to GBX 455 ($6.17) in a report issued on Wednesday, January 3rd. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s price target suggests a potential upside of 12.76% from the stock’s previous close.
Several other analysts also recently weighed in on CPI. Panmure Gordon restated a “sell” rating on shares of Capita in a research note on Friday, September 29th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 640 ($8.68) price target on shares of Capita in a research report on Friday, September 22nd. Shore Capital reaffirmed a “sell” rating on shares of Capita in a research report on Tuesday, October 10th. Peel Hunt raised their target price on shares of Capita from GBX 466 ($6.32) to GBX 600 ($8.14) and gave the stock a “reduce” rating in a report on Thursday, September 7th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 565 ($7.66) target price on shares of Capita in a report on Friday, December 15th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Capita presently has a consensus rating of “Hold” and an average price target of GBX 542.85 ($7.36).
Shares of Capita (CPI) traded down GBX 5.30 ($0.07) during midday trading on Wednesday, reaching GBX 403.50 ($5.47). The company had a trading volume of 1,982,198 shares, compared to its average volume of 2,700,000. The firm has a market cap of $2,690.00 and a P/E ratio of 40,350.00. Capita has a 52-week low of GBX 387.50 ($5.25) and a 52-week high of GBX 721 ($9.78).
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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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