Capita (LON:CPI) Given “Buy” Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Capita (LON:CPI) in a research report released on Friday, Marketbeat Ratings reports. They currently have a GBX 321 target price on the stock.

CPI has been the topic of several other reports. Shore Capital restated a “hold” rating on shares of Capita in a report on Tuesday, August 5th. Canaccord Genuity Group started coverage on shares of Capita in a research report on Monday, September 29th. They set a “buy” rating and a GBX 900 target price for the company. Finally, Berenberg Bank began coverage on Capita in a research report on Wednesday, October 29th. They issued a “hold” rating and a GBX 350 price target on the stock. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Capita has an average rating of “Moderate Buy” and an average price target of GBX 494.

Capita Trading Down 2.4%

Shares of CPI stock traded down GBX 7.50 on Friday, reaching GBX 300. 538,341 shares of the stock were exchanged, compared to its average volume of 506,968. The company has a debt-to-equity ratio of 291.56, a current ratio of 0.53 and a quick ratio of 0.53. Capita has a one year low of GBX 168 and a one year high of GBX 368. The stock has a market cap of £341.25 million, a PE ratio of 22.12, a P/E/G ratio of 0.18 and a beta of 1.95. The stock has a 50 day moving average price of GBX 293.31 and a 200 day moving average price of GBX 265.75.

Capita (LON:CPI) last announced its quarterly earnings data on Tuesday, August 5th. The company reported GBX 21.63 EPS for the quarter. Capita had a negative return on equity of 28.00% and a negative net margin of 1.64%.

Insider Activity at Capita

In other Capita news, insider Jack Clarke acquired 5,165 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were acquired at an average price of GBX 260 per share, for a total transaction of £13,429. 13.40% of the stock is currently owned by corporate insiders.

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.