Capita Plc (CTAGY) Downgraded by Zacks Investment Research to Hold
Zacks Investment Research cut shares of Capita Plc (NASDAQ:CTAGY) from a buy rating to a hold rating in a research report sent to investors on Thursday.
According to Zacks, “Capita plc provides customer, business and professional support services to private and public organizations. It offers business process management, consultancy and change management, corporate and administration, customer management, debt, digital and software, financial, HR and recruitment, information technology, legal, property and infrastructure, and travel and events. The company serves banking and financial services, local and central government, defense, education, emergency services, health, police and justice, insurance, life and pensions, retail, telecom and media, transport and utilities sectors. Capita plc is based in London, United Kingdom. “
Separately, HSBC Holdings plc raised shares of Capita Plc from a hold rating to a buy rating in a research note on Wednesday, June 21st.
Shares of Capita Plc (NASDAQ:CTAGY) opened at 30.185 on Thursday. The firm has a 50 day moving average of $34.45 and a 200 day moving average of $31.63. The stock has a market cap of $5.02 billion and a P/E ratio of 397.171. Capita Plc has a one year low of $23.12 and a one year high of $37.24.
The firm also recently declared a None dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, October 20th will be given a $0.549 dividend. The ex-dividend date is Thursday, October 19th.
Capita Plc Company Profile
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers business process management, business transformation, corporate and administration, customer management, debt solution, digital and software solution, financial, HR and recruitment, information technology, legal, procurement, property and infrastructure, and travel and event services.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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