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

Capita (LON:CPI)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Friday, MarketBeat.com reports. They presently have a GBX 311 target price on the stock. Peel Hunt’s price target indicates a potential upside of 45.33% from the company’s current price.

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

Capita Stock Down 5.3%

Shares of LON:CPI opened at GBX 214 on Friday. Capita has a 1 year low of GBX 213 and a 1 year high of GBX 416. The company has a market capitalization of £256.33 million, a PE ratio of -1.22, a price-to-earnings-growth ratio of 0.18 and a beta of 0.88. The business has a fifty day moving average price of GBX 255.20 and a two-hundred day moving average price of GBX 283.65. The company has a debt-to-equity ratio of 6,255.83, a current ratio of 0.53 and a quick ratio of 0.53.

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.