Capita’s (CPI) “Buy” Rating Reiterated at Peel Hunt

Capita (LON:CPI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They currently have a GBX 311 price target on the stock. Peel Hunt’s price objective points to a potential upside of 45.33% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 750 price target on shares of Capita in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 260 target price on shares of Capita in a research note on Wednesday, August 5th. Finally, Berenberg Bank lowered their price objective on Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 408.20.

Capita Stock Down 5.3%

Shares of LON CPI opened at GBX 214 on Friday. The stock 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. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 6,255.83. Capita has a 12-month low of GBX 213 and a 12-month high of GBX 416. The business’s fifty day simple moving average is GBX 255.20 and its 200-day simple moving average is GBX 283.65.

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

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.