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

Capita (LON:CPI)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research note issued on Friday, Marketbeat.com reports. They presently have a GBX 311 price target on the stock. Peel Hunt’s price objective indicates a potential upside of 48.80% from the stock’s previous close.

CPI has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Berenberg Bank cut their target price on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 750 price objective on shares of Capita in a research note on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 408.20.

Capita Price Performance

Shares of LON:CPI opened at GBX 209 on Friday. Capita has a one year low of GBX 205 and a one year high of GBX 416. The company has a market capitalization of £250.34 million, a PE ratio of -1.20, a price-to-earnings-growth ratio of 0.18 and a beta of 0.88. The company has a debt-to-equity ratio of 6,255.83, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a fifty day moving average of GBX 254.61 and a 200-day moving average of GBX 283.50.

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

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.