Shore Capital Reaffirms Hold Rating for Capita PLC (CPI)
CPI has been the topic of several other reports. Peel Hunt cut their price objective on shares of Capita PLC from GBX 1,087 ($14.19) to GBX 979 ($12.78) and set a hold rating on the stock in a research report on Friday, September 2nd. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 987 ($12.88) price objective on shares of Capita PLC in a research report on Thursday, September 8th. BNP Paribas reissued a neutral rating and set a GBX 950 ($12.40) price target on shares of Capita PLC in a research report on Monday, August 22nd. JPMorgan Chase & Co. reissued a neutral rating on shares of Capita PLC in a research report on Wednesday, September 21st. Finally, Deutsche Bank AG reissued a buy rating and set a GBX 1,170 ($15.27) price target on shares of Capita PLC in a research report on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. Capita PLC presently has an average rating of Hold and an average price target of GBX 1,022.44 ($13.35).
Capita PLC (LON:CPI) opened at 672.34 on Thursday. Capita PLC has a 52-week low of GBX 652.00 and a 52-week high of GBX 1,306.00. The firm’s 50-day moving average is GBX 986.24 and its 200 day moving average is GBX 1,006.81. The firm’s market capitalization is GBX 4.47 billion.
The firm also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 11.10 ($0.14) per share. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 1.14%.
In other Capita PLC news, insider Nick Greatorex bought 1,461 shares of the firm’s stock in a transaction on Friday, September 30th. The shares were purchased at an average price of GBX 679 ($8.86) per share, for a total transaction of £9,920.19 ($12,948.95). Also, insider Ian Powell bought 2,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were acquired at an average price of GBX 699 ($9.12) per share, for a total transaction of £13,980 ($18,248.27).
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.
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