Capita’s (CPI) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their buy rating on shares of Capita (LON:CPI) in a research report released on Thursday morning, Marketbeat reports.

Several other analysts also recently weighed in on the company. Canaccord Genuity Group restated a “buy” rating and set a GBX 900 target price on shares of Capita in a research note on Wednesday, March 11th. Berenberg Bank cut their price target on Capita to GBX 330 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 464.20.

Capita Price Performance

Shares of CPI stock opened at GBX 269.57 on Thursday. The company has a market capitalization of £306.63 million, a PE ratio of 19.88, a price-to-earnings-growth ratio of 0.18 and a beta of 0.66. The firm has a fifty day simple moving average of GBX 338.31 and a 200-day simple moving average of GBX 337.97. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14. Capita has a twelve month low of GBX 168 and a twelve month high of GBX 415.50.

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

Insider Buying and Selling

In related news, insider Pablo Andres purchased 12,178 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average cost of GBX 280 per share, with a total value of £34,098.40. Also, insider Adolfo Hernandez acquired 34,540 shares of Capita stock in a transaction on Friday, March 13th. The shares were bought at an average price of GBX 279 per share, for a total transaction of £96,366.60. Insiders have bought 58,718 shares of company stock valued at $16,346,500 in the last three months. Corporate insiders own 13.40% of the company’s stock.

Capita News Summary

Here are the key news stories impacting Capita this week:

• Positive Sentiment: Capita agreed to sell its private‑sector contact‑centre business as it refocuses on public services and pensions; the disposal was cited as the main near‑term catalyst lifting the shares. Capita shares jump on sale of call centre business
• Positive Sentiment: Capita sold private‑sector contact centres — company update/press coverage highlighting the strategic refocus that investors view as value‑creative. Capita Sells Private Sector Contact Centres to Refocus on Public Services and Pensions
• Positive Sentiment: Canaccord Genuity reaffirmed a “buy” rating and retains an aggressive GBX 900 price target — a very bullish signal from a broker that could support upside sentiment. London Stock Exchange
• Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 450 price target, adding further buy‑side support. London Stock Exchange
• Positive Sentiment: Deutsche Bank raised its price target from GBX 300 to GBX 320 (rating: hold) — a modest upgrade to valuation assumptions that reduces near‑term downside. London Stock Exchange
• Positive Sentiment: Shore Capital reaffirmed its “buy” rating, another broker reiteration supporting the trade after the disposal news. Digital Look

About Capita

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.