Capita PLC (CPI) Given “Hold” Rating at Peel Hunt
Peel Hunt restated their hold rating on shares of Capita PLC (LON:CPI) in a research report report published on Thursday morning. The firm currently has a GBX 979 ($12.78) price objective on the stock.
CPI has been the topic of several other reports. Goldman Sachs Group Inc. restated a sell rating and issued a GBX 987 ($12.88) price objective on shares of Capita PLC in a research report on Thursday, September 8th. BNP Paribas restated a neutral rating and issued a GBX 950 ($12.40) price objective on shares of Capita PLC in a research report on Monday, August 22nd. JPMorgan Chase & Co. restated a neutral rating on shares of Capita PLC in a research report on Wednesday, September 21st. Deutsche Bank AG restated a buy rating and issued a GBX 1,170 ($15.27) price objective on shares of Capita PLC in a research report on Thursday, July 28th. Finally, Jefferies Group restated a buy rating and issued a GBX 1,340 ($17.49) price objective on shares of Capita PLC in a research report on Thursday, July 28th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Capita PLC currently has a consensus rating of Hold and a consensus target price of GBX 1,074.31 ($14.02).
Shares of Capita PLC (LON:CPI) traded down 4.73% during trading on Thursday, reaching GBX 665.00. The company’s stock had a trading volume of 6,629,253 shares. The company has a 50 day moving average of GBX 1,002.99 and a 200 day moving average of GBX 1,012.10. Capita PLC has a 12-month low of GBX 652.00 and a 12-month high of GBX 1,306.00. The company’s market cap is GBX 4.42 billion.
The firm also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 11.10 ($0.14) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.14%.
In other news, insider Ian Powell purchased 2,000 shares of the stock in a transaction that occurred on Thursday, September 29th. The stock was purchased at an average price of GBX 699 ($9.12) per share, for a total transaction of £13,980 ($18,248.27). Also, insider Nick Greatorex purchased 1,461 shares of the stock in a transaction that occurred on Friday, September 30th. The stock was purchased at an average price of GBX 679 ($8.86) per share, with a total value of £9,920.19 ($12,948.95).
Capita PLC Company Profile
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, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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