Capita PLC (CPI) Stock Rating Lowered by BNP Paribas
Capita PLC (LON:CPI) was downgraded by equities researchers at BNP Paribas to an “underperform” rating in a research note issued to investors on Friday. They presently have a GBX 1,050 ($15.19) target price on the stock. BNP Paribas’ price target suggests a potential downside of 4.37% from the company’s previous close.
Several other analysts also recently issued reports on CPI. Panmure Gordon restated a “sell” rating and issued a GBX 1,000 ($14.47) price objective on shares of Capita PLC in a research report on Friday, January 29th. Deutsche Bank restated a “buy” rating and issued a GBX 1,270 ($18.38) price objective on shares of Capita PLC in a research report on Tuesday, February 2nd. Goldman Sachs restated a “sell” rating and issued a GBX 1,028 ($14.87) price objective on shares of Capita PLC in a research report on Friday, February 12th. Jefferies Group reduced their price objective on Capita PLC from GBX 1,445 ($20.91) to GBX 1,400 ($20.26) and set a “buy” rating on the stock in a research report on Wednesday, February 17th. Finally, HSBC restated a “buy” rating and issued a GBX 1,300 ($18.81) price objective on shares of Capita PLC in a research report on Wednesday, February 17th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,170.28 ($16.93).
In other Capita PLC news, insider Cresswell,John acquired 1,000 shares of the stock in a transaction on Tuesday, April 26th. The stock was purchased at an average price of GBX 1,004 ($14.53) per share, for a total transaction of £10,040 ($14,527.56). Also, insider Marriott-Sims,Dawn sold 32,208 shares of the firm’s stock in a transaction that occurred on Wednesday, March 16th. The shares were sold at an average price of GBX 1,047 ($15.15), for a total value of £337,217.76 ($487,943.51).
Capita PLC (LON:CPI) opened at 1070.0000 on Friday. Capita PLC has a 12-month low of GBX 982.00 and a 12-month high of GBX 1,336.00. The stock has a 50 day moving average of GBX 1,044.78 and a 200 day moving average of GBX 1,114.73. The stock’s market cap is GBX 7.08 billion.