Capita PLC (LON:CPI)‘s stock had its “neutral” rating restated by equities researchers at BNP Paribas in a report released on Wednesday, July 12th. They currently have a GBX 530 ($6.90) price target on the stock. BNP Paribas’ target price would suggest a potential downside of 17.83% from the stock’s current price.

Several other equities analysts have also recently issued reports on CPI. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 750 ($9.77) price objective on shares of Capita PLC in a research report on Monday, June 26th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 850 ($11.07) price objective on shares of Capita PLC in a research report on Monday, June 26th. Citigroup Inc. upped their price objective on Capita PLC from GBX 610 ($7.94) to GBX 640 ($8.33) and gave the company a “neutral” rating in a research report on Wednesday, July 5th. HSBC Holdings plc raised Capita PLC to a “buy” rating and upped their price objective for the company from GBX 590 ($7.68) to GBX 820 ($10.68) in a research report on Wednesday, June 21st. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 510 ($6.64) target price on shares of Capita PLC in a research note on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 586 ($7.63).

Shares of Capita PLC (LON CPI) traded down 1.83% during mid-day trading on Wednesday, hitting GBX 645.00. The stock had a trading volume of 1,421,569 shares. Capita PLC has a 1-year low of GBX 431.30 and a 1-year high of GBX 1,066.60. The company’s market capitalization is GBX 4.29 billion. The stock’s 50-day moving average price is GBX 672.13 and its 200 day moving average price is GBX 586.70.

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In other Capita PLC news, insider Ian Powell purchased 3,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was purchased at an average price of GBX 701 ($9.13) per share, with a total value of £21,030 ($27,386.38). Also, insider Nick Greatorex purchased 1,500 shares of the stock in a transaction that occurred on Tuesday, June 20th. The stock was acquired at an average cost of GBX 668 ($8.70) per share, with a total value of £10,020 ($13,048.57). Insiders have acquired a total of 6,350 shares of company stock valued at $4,119,425 in the last three months.

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.

Analyst Recommendations for Capita PLC (LON:CPI)

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