Capita plc (LON:CPI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Capita plc (LON:CPI) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 464.20.

A number of analysts have recently issued reports on CPI shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Friday, March 27th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 900 price target on shares of Capita in a research note on Friday, March 27th. Berenberg Bank dropped their price target on shares of Capita to GBX 330 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Shore Capital Group restated a “buy” rating on shares of Capita in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 450 price target on shares of Capita in a research note on Friday, March 27th.

Insiders Place Their Bets

In other news, insider Adolfo Hernandez bought 34,540 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was bought at an average price of GBX 279 per share, for a total transaction of £96,366.60. Also, insider Pablo Andres bought 12,178 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average price of GBX 280 per share, with a total value of £34,098.40. In the last 90 days, insiders purchased 58,718 shares of company stock valued at $16,346,500. Insiders own 13.40% of the company’s stock.

Capita Trading Up 2.6%

CPI opened at GBX 379.98 on Friday. The firm has a market capitalization of £455.14 million, a P/E ratio of -2.64, a P/E/G ratio of 0.18 and a beta of 0.82. The firm’s 50 day moving average is GBX 286.85 and its 200-day moving average is GBX 336.79. Capita has a 52-week low of GBX 208.40 and a 52-week high of GBX 415.50. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 964.14.

Capita (LON:CPI) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 49.71 earnings per share (EPS) for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Capita Company Profile

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.