Capita plc (LON:CPI) Stock Has Average Price Target of GBX 408.20 According to Brokerages

Shares of Capita plc (LON:CPI) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 408.20.

A number of brokerages recently issued reports on CPI. Berenberg Bank dropped their price objective on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 260 target price on shares of Capita in a report on Wednesday, August 5th. Peel Hunt restated a “buy” rating and issued a GBX 311 price target on shares of Capita in a research report on Friday, October 2nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 750 price target on shares of Capita in a research note on Wednesday, August 5th.

Capita Stock Performance

Shares of Capita stock opened at GBX 287.50 on Tuesday. The company’s 50 day moving average price is GBX 252.88 and its two-hundred day moving average price is GBX 283.42. The firm has a market capitalization of £344.17 million, a P/E ratio of -1.65, a P/E/G ratio of 0.18 and a beta of 0.88. Capita has a fifty-two week low of GBX 196.20 and a fifty-two week high of GBX 416. 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 (LON:CPI) last announced 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.