Shares of Capita PLC (LON:CPI) have been assigned an average rating of “Hold” from the twelve ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 543.10 ($7.63).
CPI has been the subject of a number of research analyst reports. Deutsche Bank dropped their price objective on shares of Capita from GBX 640 ($8.99) to GBX 580 ($8.14) and set a “hold” rating for the company in a research note on Tuesday, October 24th. Numis Securities reaffirmed a “buy” rating and set a GBX 565 ($7.93) price objective on shares of Capita in a research note on Friday, December 15th. Citigroup reaffirmed a “neutral” rating and set a GBX 535 ($7.51) price objective (down previously from GBX 640 ($8.99)) on shares of Capita in a research note on Monday, November 13th. Credit Suisse Group dropped their price objective on shares of Capita from GBX 550 ($7.72) to GBX 455 ($6.39) and set a “neutral” rating for the company in a research note on Wednesday, January 3rd. Finally, Peel Hunt dropped their price objective on shares of Capita from GBX 562 ($7.89) to GBX 423 ($5.94) and set a “hold” rating for the company in a research note on Wednesday, December 20th.
Capita (LON:CPI) traded down GBX 11.60 ($0.16) during midday trading on Friday, hitting GBX 347.80 ($4.88). 2,850,000 shares of the stock were exchanged, compared to its average volume of 2,670,000. Capita has a one year low of GBX 341.80 ($4.80) and a one year high of GBX 721 ($10.12). The firm has a market cap of $2,320.00 and a P/E ratio of 34,780.00.
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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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