Deutsche Bank AG Reaffirms Hold Rating for Capita PLC (CPI)
Other analysts have also recently issued research reports about the stock. Shore Capital reissued a hold rating on shares of Capita PLC in a report on Wednesday, July 27th. Barclays PLC cut their price objective on shares of Capita PLC from GBX 1,235 ($15.05) to GBX 1,100 ($13.41) and set an equal weight rating on the stock in a report on Monday, July 25th. BNP Paribas reissued a neutral rating and set a GBX 950 ($11.58) price objective on shares of Capita PLC in a report on Monday, July 18th. Credit Suisse Group AG reissued a neutral rating and set a GBX 900 ($10.97) price objective on shares of Capita PLC in a report on Wednesday, August 3rd. Finally, Peel Hunt reissued a hold rating and set a GBX 1,087 ($13.25) price objective on shares of Capita PLC in a report on Wednesday, July 27th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 951.69 ($11.60).
Shares of Capita PLC (LON:CPI) opened at 591.00 on Thursday. The company’s 50-day moving average is GBX 868.68 and its 200-day moving average is GBX 976.94. The stock’s market capitalization is GBX 3.93 billion. Capita PLC has a one year low of GBX 572.16 and a one year high of GBX 1,306.00.
The business 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 related news, insider Ian Powell bought 2,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were bought at an average cost of GBX 699 ($8.52) per share, for a total transaction of £13,980 ($17,038.39). Also, insider Nick Greatorex bought 1,461 shares of the firm’s stock in a transaction on Friday, September 30th. The shares were bought at an average price of GBX 679 ($8.28) per share, for a total transaction of £9,920.19 ($12,090.42).
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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