Capita’s (CPI) Neutral Rating Reiterated at Goldman Sachs Group
Other research analysts also recently issued research reports about the company. UBS Group upped their price objective on Capita from GBX 109 ($1.42) to GBX 150 ($1.96) and gave the stock a neutral rating in a report on Friday, August 24th. Jefferies Financial Group raised Capita to a buy rating and reduced their price objective for the stock from GBX 200 ($2.61) to GBX 180 ($2.35) in a report on Thursday, August 9th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Capita in a report on Tuesday, August 7th. Liberum Capital raised Capita to a buy rating and set a GBX 170 ($2.22) price objective on the stock in a report on Wednesday, August 22nd. Finally, Peel Hunt reaffirmed a hold rating and set a GBX 148 ($1.93) price objective (up previously from GBX 141 ($1.84)) on shares of Capita in a report on Wednesday, August 22nd. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Capita presently has an average rating of Hold and a consensus price target of GBX 174.21 ($2.28).
LON:CPI opened at GBX 106.45 ($1.39) on Tuesday. Capita has a 52-week low of GBX 149.25 ($1.95) and a 52-week high of GBX 721 ($9.42).
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, digital and software solution, financial, HR and recruitment, information technology, legal, procurement, property and infrastructure, start-up development, and travel and event services.
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