Citigroup reaffirmed their neutral rating on shares of Capita (LON:CPI) in a report released on Wednesday morning. They currently have a GBX 435 ($5.90) price objective on the stock.
A number of other research analysts have also issued reports on the stock. Peel Hunt restated a reduce rating and issued a GBX 662 ($8.98) target price on shares of Capita in a report on Monday, November 6th. Shore Capital restated a sell rating on shares of Capita in a report on Tuesday, October 10th. Deutsche Bank reduced their target price on shares of Capita from GBX 580 ($7.87) to GBX 450 ($6.10) and set a hold rating on the stock in a report on Friday, December 22nd. Credit Suisse Group reduced their target price on shares of Capita from GBX 550 ($7.46) to GBX 455 ($6.17) and set a neutral rating on the stock in a report on Wednesday, January 3rd. Finally, Numis Securities restated a buy rating and issued a GBX 565 ($7.66) target price on shares of Capita in a report on Friday, December 15th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 534.75 ($7.25).
Capita (CPI) traded down GBX 9.50 ($0.13) during trading on Wednesday, hitting GBX 379 ($5.14). 3,760,926 shares of the company traded hands, compared to its average volume of 2,770,000. Capita has a 1-year low of GBX 377.90 ($5.12) and a 1-year high of GBX 721 ($9.78). The stock has a market cap of $2,530.00 and a price-to-earnings ratio of 37,900.00.
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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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