Ian Powell Buys 2,000 Shares of Capita PLC (CPI) Stock
Capita PLC (LON:CPI) insider Ian Powell bought 2,000 shares of the business’s stock in a transaction dated Thursday, September 29th. The stock was bought at an average price of GBX 699 ($9.12) per share, for a total transaction of £13,980 ($18,248.27).
Shares of Capita PLC (LON:CPI) opened at 668.7594 on Monday. Capita PLC has a 52 week low of GBX 652.00 and a 52 week high of GBX 1,306.00. The firm’s market capitalization is GBX 4.45 billion. The stock has a 50 day moving average of GBX 995.61 and a 200-day moving average of GBX 1,009.99.
The firm also recently disclosed a dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Thursday, October 20th will be issued a dividend of GBX 11.10 ($0.14) per share. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.
A number of equities research analysts have recently issued reports on the stock. Shore Capital restated a “hold” rating on shares of Capita PLC in a research note on Wednesday, July 27th. JPMorgan Chase & Co. cut their target price on shares of Capita PLC from GBX 1,080 ($14.10) to GBX 760 ($9.92) and set a “neutral” rating on the stock in a research note on Friday. Panmure Gordon lowered shares of Capita PLC to a “sell” rating in a research note on Friday. Numis Securities Ltd upgraded shares of Capita PLC to a “buy” rating and cut their target price for the company from GBX 1,115 ($14.55) to GBX 890 ($11.62) in a research note on Friday. Finally, BNP Paribas restated an “underperform” rating and issued a GBX 1,050 ($13.71) target price on shares of Capita PLC in a research note on Monday, June 20th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,074.31 ($14.02).
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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