Capita PLC (CPI) Receives “Hold” Rating from Shore Capital
Several other equities research analysts have also issued reports on the company. Peel Hunt reaffirmed a hold rating and set a GBX 979 ($12.78) target price on shares of Capita PLC in a research report on Thursday. Goldman Sachs Group Inc. reaffirmed a sell rating and set a GBX 894 ($11.67) target price on shares of Capita PLC in a research report on Monday, June 27th. Credit Suisse Group AG lowered Capita PLC to a neutral rating and decreased their target price for the company from GBX 1,250 ($16.32) to GBX 900 ($11.75) in a research report on Tuesday, June 28th. BNP Paribas reaffirmed a neutral rating and set a GBX 950 ($12.40) target price on shares of Capita PLC in a research report on Monday. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Capita PLC in a research report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Capita PLC has an average rating of Hold and an average target price of GBX 1,074.31 ($14.02).
Capita PLC (LON:CPI) opened at 668.50 on Thursday. The firm 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 firm’s market capitalization is GBX 4.45 billion.
The company also recently announced a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be given a GBX 11.10 ($0.14) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.14%.
In related news, insider Ian Powell purchased 2,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were acquired at an average cost of GBX 699 ($9.12) per share, with a total value of £13,980 ($18,248.27).
About Capita PLC
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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