Capita PLC (LON:CPI) Receives GBX 165 Average Target Price from Analysts
Shares of Capita PLC (LON:CPI) have received a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 165 ($2.16).
Several research firms recently weighed in on CPI. Goldman Sachs Group upgraded shares of Capita to a “buy” rating in a research note on Tuesday, September 3rd. Peel Hunt restated a “hold” rating on shares of Capita in a research note on Thursday, October 31st. JPMorgan Chase & Co. cut their price target on Capita from GBX 150 ($1.96) to GBX 140 ($1.83) and set a “neutral” rating for the company in a report on Thursday, August 15th. Shore Capital cut Capita to a “sell” rating in a report on Monday, August 12th. Finally, Barclays reiterated an “overweight” rating on shares of Capita in a research report on Wednesday, November 27th.
Shares of LON:CPI traded up GBX 2.50 ($0.03) on Tuesday, hitting GBX 162.55 ($2.12). 3,146,111 shares of the company were exchanged, compared to its average volume of 8,080,000. The company’s 50 day moving average price is GBX 160.48 and its two-hundred day moving average price is GBX 133.01. The firm has a market capitalization of $2.71 billion and a price-to-earnings ratio of 11.95. The company has a debt-to-equity ratio of 2,850.07, a quick ratio of 0.64 and a current ratio of 0.64. Capita has a one year low of GBX 98.66 ($1.29) and a one year high of GBX 179 ($2.34).
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.
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