Capita PLC’s (CPI) “Neutral” Rating Reaffirmed at BNP Paribas
BNP Paribas restated their neutral rating on shares of Capita PLC (LON:CPI) in a research report report published on Monday morning. BNP Paribas currently has a GBX 950 ($11.58) price objective on the stock.
CPI has been the topic of several other research reports. Peel Hunt restated a hold rating and issued a GBX 1,087 ($13.25) price target on shares of Capita PLC in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. restated a sell rating and issued a GBX 987 ($12.03) price target on shares of Capita PLC in a research report on Thursday, September 8th. Numis Securities Ltd upgraded shares of Capita PLC to a buy rating and decreased their price target for the stock from GBX 1,115 ($13.59) to GBX 890 ($10.85) in a research report on Friday, September 30th. Jefferies Group restated a buy rating and issued a GBX 1,340 ($16.33) price target on shares of Capita PLC in a research report on Tuesday, July 12th. Finally, Deutsche Bank AG decreased their price target on shares of Capita PLC from GBX 1,170 ($14.26) to GBX 1,150 ($14.02) and set a buy rating on the stock in a research report on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 951.69 ($11.60).
Capita PLC (LON:CPI) opened at 596.00 on Monday. The company has a 50 day moving average price of GBX 868.68 and a 200 day moving average price of GBX 976.94. The stock’s market capitalization is GBX 3.96 billion. Capita PLC has a 12 month low of GBX 572.16 and a 12 month high of GBX 1,306.00.
The firm also recently disclosed a dividend, which will be paid on Wednesday, November 30th. Investors 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.
In other news, insider Nick Greatorex bought 1,671 shares of the business’s stock in a transaction on Monday, October 10th. The stock was purchased at an average price of GBX 594 ($7.24) per share, with a total value of £9,925.74 ($12,097.18). Also, insider Ian Powell bought 2,000 shares of the business’s stock in a transaction on Thursday, September 29th. The shares were purchased at an average cost of GBX 699 ($8.52) per share, with a total value of £13,980 ($17,038.39).
Capita PLC Company Profile
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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