Capita (LON:CPI) Stock Keeps Buy Rating at Peel Hunt

Capita (LON:CPI)‘s stock had its “buy” rating reiterated by Peel Hunt in a research report issued on Friday, MarketBeat reports. They presently have a GBX 311 price objective on the stock. Peel Hunt’s target price points to a potential upside of 45.33% from the stock’s current price.

CPI has been the subject of several other reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 750 target price on shares of Capita in a research note on Wednesday, August 5th. Berenberg Bank reduced their price target on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 260 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 assigned a Hold rating to the stock. According to MarketBeat.com, Capita currently has a consensus rating of “Moderate Buy” and an average price target of GBX 408.20.

Capita Price Performance

Shares of CPI opened at GBX 214 on Friday. The company has a market cap of £256.33 million, a P/E ratio of -1.22, a PEG ratio of 0.18 and a beta of 0.88. Capita has a fifty-two week low of GBX 213 and a fifty-two week high of GBX 416. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 6,255.83. The firm’s 50 day moving average price is GBX 255.20 and its 200 day moving average price is GBX 283.65.

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

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.