Capita PLC (LON:CPI) has received an average recommendation of “Hold” from the seventeen research firms that are presently covering the firm. Three research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 955.13 ($11.93).

A number of analysts recently issued reports on CPI shares. Panmure Gordon downgraded shares of Capita PLC to a “sell” rating in a report on Friday, September 30th. Peel Hunt reiterated a “hold” rating and issued a GBX 979 ($12.23) target price on shares of Capita PLC in a research note on Thursday, September 29th. BNP Paribas reiterated a “neutral” rating and issued a GBX 950 ($11.87) target price on shares of Capita PLC in a research note on Monday, October 10th. JPMorgan Chase & Co. reduced their target price on shares of Capita PLC from GBX 1,080 ($13.49) to GBX 760 ($9.50) and set a “neutral” rating for the company in a research note on Friday, September 30th. Finally, Credit Suisse Group AG reduced their target price on shares of Capita PLC from GBX 980 ($12.24) to GBX 675 ($8.43) and set a “neutral” rating for the company in a research note on Wednesday, October 5th.

Capita PLC (LON:CPI) opened at 572.00 on Tuesday. The company’s 50-day moving average is GBX 589.32 and its 200-day moving average is GBX 891.47. Capita PLC has a 52-week low of GBX 547.00 and a 52-week high of GBX 1,291.00. The firm’s market capitalization is GBX 3.80 billion.

In other Capita PLC news, insider Ian Powell acquired 2,000 shares of the stock in a transaction dated Thursday, September 29th. The stock was purchased at an average cost of GBX 699 ($8.73) per share, for a total transaction of £13,980 ($17,466.27). Also, insider Nick Greatorex acquired 1,461 shares of the stock in a transaction dated Friday, September 30th. The stock was acquired at an average price of GBX 679 ($8.48) per share, with a total value of £9,920.19 ($12,394.04).

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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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