Capita’s (CPI) Neutral Rating Reaffirmed at Goldman Sachs Group

Goldman Sachs Group reiterated their neutral rating on shares of Capita (LON:CPI) in a report released on Tuesday. The firm currently has a GBX 130 ($1.70) price objective on the stock.

A number of other analysts have also recently commented on CPI. Peel Hunt restated a hold rating on shares of Capita in a research report on Wednesday, October 17th. Jefferies Financial Group upgraded Capita to a buy rating and lowered their target price for the stock from GBX 200 ($2.61) to GBX 180 ($2.35) in a report on Thursday, August 9th. JPMorgan Chase & Co. reiterated an overweight rating on shares of Capita in a report on Tuesday, August 7th. Royal Bank of Canada increased their target price on Capita from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an outperform rating in a report on Friday, August 10th. Finally, Liberum Capital reiterated a buy rating on shares of Capita in a report on Wednesday, November 7th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Capita presently has an average rating of Hold and an average target price of GBX 174.21 ($2.28).

CPI opened at GBX 106.45 ($1.39) on Tuesday. Capita has a 12 month low of GBX 149.25 ($1.95) and a 12 month high of GBX 721 ($9.42).

About Capita

Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers business process management, business transformation, corporate and administration, customer management, digital and software solution, financial, HR and recruitment, information technology, legal, procurement, property and infrastructure, start-up development, and travel and event services.

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