Capita plc (LON:CPI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Capita plc (LON:CPI) has earned an average rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 408.20.

CPI has been the topic of several research analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 311 price objective on shares of Capita in a research note on Tuesday, August 4th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 750 target price on shares of Capita in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 260 target price on shares of Capita in a report on Wednesday, August 5th. Finally, Berenberg Bank decreased their price target on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a report on Wednesday, August 5th.

Insider Buying and Selling

In related news, insider Georgina Harvey bought 2,880 shares of the business’s stock in a transaction on Monday, June 15th. The shares were purchased at an average price of GBX 343 per share, for a total transaction of £9,878.40. 5.34% of the stock is currently owned by insiders.

Capita Stock Down 0.3%

LON CPI opened at GBX 279.67 on Monday. The business has a fifty day moving average price of GBX 269.52 and a two-hundred day moving average price of GBX 301.30. The stock has a market capitalization of £334.99 million, a PE ratio of -1.94, a PEG ratio of 0.18 and a beta of 0.87. Capita has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 416. The company has a debt-to-equity ratio of 6,255.83, a current ratio of 0.53 and a quick ratio of 0.53.

Capita (LON:CPI) last issued its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share (EPS) for the quarter. Capita had a negative return on equity of 677.10% and a negative net margin of 10.32%.

Capita Company Profile

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.