Capita plc (LON:CPI) Receives Average Recommendation of “Moderate Buy” from Analysts

Capita plc (LON:CPI) has earned an average recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 434.20.

Several equities analysts have commented on the company. Canaccord Genuity Group dropped their target price on Capita from GBX 900 to GBX 750 and set a “buy” rating for the company in a research report on Friday, July 10th. Shore Capital Group restated a “buy” rating on shares of Capita in a report on Thursday, April 23rd.

Capita Trading Down 2.7%

Shares of CPI stock opened at GBX 267 on Thursday. The firm has a market capitalization of £319.81 million, a P/E ratio of -1.85, a P/E/G ratio of 0.18 and a beta of 0.91. Capita has a twelve month low of GBX 215 and a twelve month high of GBX 416. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 1,526.79. The stock’s fifty day simple moving average is GBX 310.78 and its 200 day simple moving average is GBX 319.43.

Insider Buying and Selling at Capita

In other Capita news, insider Adolfo Hernandez purchased 2,763 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was purchased at an average cost of GBX 405 per share, for a total transaction of £11,190.15. Also, insider Pablo Andres purchased 1,767 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was acquired at an average price of GBX 402 per share, with a total value of £7,103.34. Insiders have acquired 27,410 shares of company stock valued at $10,897,189 in the last quarter. 5.34% of the stock is currently owned by corporate insiders.

About Capita

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.