Capita plc (LON:CPI) Given Average Rating of “Buy” by Brokerages

Shares of Capita plc (LON:CPI) have been assigned an average rating of “Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 60.40 ($0.79).

CPI has been the subject of a number of recent analyst reports. Royal Bank of Canada upgraded Capita to an “outperform” rating and increased their price target for the company from GBX 55 ($0.72) to GBX 70 ($0.91) in a research report on Thursday. Shore Capital reiterated a “hold” rating on shares of Capita in a research report on Tuesday, November 2nd. Finally, Barclays initiated coverage on Capita in a research report on Tuesday, August 3rd. They issued an “overweight” rating and a GBX 80 ($1.05) price target for the company.

LON:CPI opened at GBX 47.39 ($0.62) on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 459.23. Capita has a 1-year low of GBX 31.85 ($0.42) and a 1-year high of GBX 55.98 ($0.73). The firm has a market capitalization of £798.18 million and a price-to-earnings ratio of 2.99. The stock has a fifty day simple moving average of GBX 47.78 and a 200 day simple moving average of GBX 43.46.

About Capita

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors. It operates through six divisions: Software, People Solutions, Customer Management, Government Services, Technology Solutions, and Specialist Services. The company offers application software and other solutions, such as automation, critical communication system, finance and payment, management information system, workforce management, and education software products and services; and people solutions, including human resources advisory and digitally enabled services comprising learning, resourcing, pensions, and HR outsourcing services.

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Analyst Recommendations for Capita (LON:CPI)

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