Numis Securities reaffirmed their buy rating on shares of Capita (LON:CPI) in a research note released on Friday. They currently have a GBX 565 ($7.60) price target on the stock.

CPI has been the subject of several other research reports. Shore Capital reissued a sell rating on shares of Capita in a research report on Monday, October 23rd. Peel Hunt reaffirmed a hold rating and set a GBX 562 ($7.56) price objective on shares of Capita in a research report on Thursday, December 14th. Panmure Gordon reaffirmed a sell rating on shares of Capita in a research report on Friday, September 29th. Deutsche Bank reaffirmed a hold rating and set a GBX 640 ($8.61) price objective on shares of Capita in a research report on Friday, September 22nd. Finally, Jefferies Group reaffirmed a buy rating and set a GBX 750 ($10.09) price objective on shares of Capita in a research report on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company’s stock. Capita has an average rating of Hold and an average price target of GBX 572.57 ($7.71).

Shares of Capita (LON CPI) opened at GBX 403.40 ($5.43) on Friday. Capita has a 52-week low of GBX 397.90 ($5.36) and a 52-week high of GBX 721 ($9.70).

The business also recently declared a dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, October 19th were paid a GBX 11.10 ($0.15) dividend. This represents a dividend yield of 2.01%. The ex-dividend date was Thursday, October 19th.

In other Capita news, insider Ian Powell bought 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, October 10th. The stock was acquired at an average cost of GBX 580 ($7.81) per share, with a total value of £19,720 ($26,541.05). Also, insider Matthew Lester bought 8,698 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The shares were acquired at an average cost of GBX 570 ($7.67) per share, with a total value of £49,578.60 ($66,727.59). Over the last ninety days, insiders bought 12,200 shares of company stock valued at $6,982,484.

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About Capita

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, Customer Management, Capita Europe and Insurance & Benefits Services.

Analyst Recommendations for Capita (LON:CPI)

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