JPMorgan Chase & Co. Reiterates Neutral Rating for Capita PLC (CPI)
Capita PLC (LON:CPI)‘s stock had its “neutral” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research report issued on Wednesday.
Several other equities research analysts also recently weighed in on the company. Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 894 ($11.67) price target on shares of Capita PLC in a report on Monday, June 27th. Credit Suisse Group AG downgraded Capita PLC to a “neutral” rating and lowered their price target for the stock from GBX 1,250 ($16.32) to GBX 900 ($11.75) in a report on Tuesday, June 28th. BNP Paribas reissued an “underperform” rating and issued a GBX 1,050 ($13.71) price target on shares of Capita PLC in a report on Monday, June 13th. Barclays PLC decreased their target price on Capita PLC from GBX 1,235 ($16.12) to GBX 1,100 ($14.36) and set an “equal weight” rating for the company in a report on Monday, July 25th. Finally, Jefferies Group reaffirmed a “buy” rating and set a GBX 1,340 ($17.49) target price on shares of Capita PLC in a report on Tuesday, July 12th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. Capita PLC presently has an average rating of “Hold” and an average target price of GBX 1,108.38 ($14.47).
Capita PLC (LON:CPI) opened at 989.00 on Wednesday. Capita PLC has a 1-year low of GBX 839.00 and a 1-year high of GBX 1,306.00. The firm has a 50-day moving average price of GBX 1,010.86 and a 200 day moving average price of GBX 1,016.54. The company’s market capitalization is GBX 6.58 billion.
The company also recently declared a dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Thursday, October 20th will be paid a GBX 11.10 ($0.14) dividend. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.
About Capita PLC
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, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
Receive News & Ratings for Capita PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita PLC and related companies with MarketBeat.com's FREE daily email newsletter.