Capita (LON:CPI) had its price objective cut by equities research analysts at Peel Hunt from GBX 562 ($7.62) to GBX 423 ($5.74) in a note issued to investors on Wednesday, December 20th, StockTargetPrices.com reports. The brokerage presently has a “hold” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 5.59% from the company’s current price.
CPI has been the topic of several other reports. Shore Capital reaffirmed a “sell” rating on shares of Capita in a research report on Tuesday, October 10th. Citigroup reaffirmed a “neutral” rating and set a GBX 535 ($7.26) price target (down from GBX 640 ($8.68)) on shares of Capita in a research report on Monday, November 13th. Numis Securities reaffirmed a “buy” rating and set a GBX 850 ($11.53) price target on shares of Capita in a research report on Friday, September 8th. Jefferies Group reaffirmed a “buy” rating and set a GBX 750 ($10.17) price target on shares of Capita in a research report on Friday, September 8th. Finally, Panmure Gordon reaffirmed a “sell” rating on shares of Capita in a research report on Friday, September 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 542.85 ($7.36).
Shares of Capita (CPI) traded down GBX 2.90 ($0.04) during mid-day trading on Wednesday, reaching GBX 400.60 ($5.43). The company had a trading volume of 1,580,522 shares, compared to its average volume of 2,710,000. The stock has a market cap of $2,670.00 and a price-to-earnings ratio of 40,060.00. Capita has a one year low of GBX 387.50 ($5.25) and a one year high of GBX 721 ($9.78).
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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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