Capita (LON:CPI) Given “Buy” Rating at Shore Capital Group

Capita (LON:CPI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital Group in a research report issued on Thursday, MarketBeat reports.

Several other brokerages have also weighed in on CPI. Berenberg Bank lowered their price objective on Capita to GBX 330 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 900 target price on shares of Capita in a research report on Wednesday, March 11th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Capita presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 489.

Capita Stock Performance

LON:CPI opened at GBX 274.60 on Thursday. The company has a debt-to-equity ratio of 964.14, a current ratio of 0.54 and a quick ratio of 0.53. The firm has a market capitalization of £312.35 million, a price-to-earnings ratio of 20.25, a PEG ratio of 0.18 and a beta of 0.66. The company’s 50-day moving average is GBX 343.09 and its two-hundred day moving average is GBX 337.58. Capita has a 1-year low of GBX 168 and a 1-year high of GBX 415.50.

Capita (LON:CPI) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 earnings per share (EPS) for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Insider Activity at Capita

In other Capita news, insider Pablo Andres purchased 12,178 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average price of GBX 280 per share, for a total transaction of £34,098.40. Also, insider Adolfo Hernandez acquired 34,540 shares of Capita stock in a transaction dated Friday, March 13th. The stock was bought at an average price of GBX 279 per share, for a total transaction of £96,366.60. Insiders acquired a total of 58,718 shares of company stock valued at $16,346,500 in the last three months. 13.40% 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.