Capita plc (LON:CPI) Given Average Recommendation of “Moderate Buy” by Analysts

Capita plc (LON:CPI) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 464.20.

CPI has been the subject of a number of recent research reports. Shore Capital Group reiterated a “buy” rating on shares of Capita in a report on Thursday, March 26th. Canaccord Genuity Group restated a “buy” rating and set a GBX 900 price objective on shares of Capita in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft upped their target price on Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Friday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 450 price target on shares of Capita in a research note on Friday, March 27th. Finally, Berenberg Bank lowered their price objective on shares of Capita to GBX 330 and set a “hold” rating for the company in a research note on Wednesday, March 11th.

Insider Activity

In related news, insider Pablo Andres bought 12,178 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of GBX 280 per share, with a total value of £34,098.40. Also, insider Adolfo Hernandez purchased 34,540 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were purchased at an average cost of GBX 279 per share, for a total transaction of £96,366.60. Insiders have bought 58,718 shares of company stock valued at $16,346,500 over the last 90 days. Insiders own 13.40% of the company’s stock.

Capita Trading Up 1.0%

CPI opened at GBX 292.50 on Tuesday. The firm has a market cap of £332.72 million, a price-to-earnings ratio of -2.03, a price-to-earnings-growth ratio of 0.18 and a beta of 0.80. The business’s 50 day moving average is GBX 302.25 and its two-hundred day moving average is GBX 338.51. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 964.14. Capita has a 52 week low of GBX 180.02 and a 52 week high of GBX 415.50.

Capita (LON:CPI) last announced its earnings results on Tuesday, March 10th. The company reported GBX 49.71 EPS for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

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. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.