Capita (LON:CPI) Stock Rating Reaffirmed as Buy by Peel Hunt

Capita (LON:CPI)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Friday, Marketbeat reports. They presently have a GBX 311 price objective on the stock. Peel Hunt’s target price suggests a potential upside of 45.33% from the stock’s previous close.

Several other equities analysts have also recently weighed in on CPI. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 750 price target on shares of Capita in a research report on Wednesday, August 5th. Finally, Berenberg Bank cut their price target on Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 408.20.

Capita Stock Down 5.3%

Capita stock opened at GBX 214 on Friday. The firm has a market cap of £256.33 million, a price-to-earnings ratio of -1.22, a P/E/G ratio of 0.18 and a beta of 0.88. The company has a debt-to-equity ratio of 6,255.83, a current ratio of 0.53 and a quick ratio of 0.53. Capita has a fifty-two week low of GBX 213 and a fifty-two week high of GBX 416. The firm has a fifty day moving average price of GBX 255.20 and a two-hundred day moving average price of GBX 283.65.

Capita (LON:CPI) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share (EPS) for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.

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.