Capita’s (CPI) Hold Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Capita (LON:CPI) in a research report report published on Wednesday,Digital Look reports. The firm currently has a GBX 260 price target on the stock.

Several other research firms have also issued reports on CPI. Peel Hunt reiterated a “buy” rating and issued a GBX 311 target price on shares of Capita in a research note on Tuesday. Berenberg Bank lowered their price target on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a report on Wednesday. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a research report on Thursday, April 23rd. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 750 price objective on shares of Capita in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 408.20.

Capita Price Performance

Shares of CPI opened at GBX 264 on Wednesday. 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 company has a 50 day moving average price of GBX 292.90 and a 200-day moving average price of GBX 313.29. Capita has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 416. The stock has a market capitalization of £316.22 million, a PE ratio of -1.83, a PEG ratio of 0.18 and a beta of 0.87.

Capita (LON:CPI) last issued its quarterly earnings data 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%.

Insiders Place Their Bets

In related news, insider Daniel Wosner bought 20,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of GBX 404 per share, for a total transaction of £80,800. Also, insider Georgina Harvey sold 400 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of GBX 340, for a total transaction of £1,360. Insiders have acquired a total of 27,410 shares of company stock worth $10,897,189 over the last ninety days. Insiders own 5.34% of the company’s stock.

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.