Capita PLC (LON:CPI) shares were down 0.6% on Tuesday . The stock traded as low as GBX 628 ($8.11) and last traded at GBX 629 ($8.12). Approximately 1,263,773 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 2,040,150 shares. The stock had previously closed at GBX 633 ($8.18).

Several research analysts have weighed in on CPI shares. Jefferies Group LLC upgraded Capita PLC to a “buy” rating and boosted their price target for the company from GBX 465 ($6.01) to GBX 750 ($9.69) in a report on Monday, June 19th. HSBC Holdings plc upgraded Capita PLC to a “buy” rating and boosted their price target for the company from GBX 590 ($7.62) to GBX 820 ($10.59) in a report on Wednesday, June 21st. BNP Paribas reiterated a “neutral” rating and issued a GBX 530 ($6.84) price target on shares of Capita PLC in a report on Wednesday, July 12th. Citigroup Inc. upped their price objective on Capita PLC from GBX 610 ($7.88) to GBX 640 ($8.27) and gave the stock a “neutral” rating in a report on Wednesday, July 5th. Finally, Shore Capital restated a “sell” rating on shares of Capita PLC in a report on Friday, June 9th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. Capita PLC presently has an average rating of “Hold” and an average target price of GBX 594.93 ($7.68).

The firm’s market capitalization is GBX 4.19 billion. The firm has a 50 day moving average price of GBX 651.64 and a 200 day moving average price of GBX 608.14.

In other Capita PLC news, insider Nick Greatorex purchased 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was bought at an average price of GBX 668 ($8.63) per share, with a total value of £10,020 ($12,940.72). Also, insider Ian Powell purchased 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The stock was acquired at an average cost of GBX 701 ($9.05) per share, with a total value of £21,030 ($27,160.02). In the last three months, insiders have bought 4,578 shares of company stock valued at $3,155,757.

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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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