A number of other research firms have also recently issued reports on CPI. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 987 ($12.22) price target on shares of Capita PLC in a report on Thursday, September 8th. Peel Hunt reissued a hold rating and set a GBX 1,087 ($13.45) target price on shares of Capita PLC in a report on Tuesday, June 21st. Credit Suisse Group AG raised their target price on shares of Capita PLC from GBX 900 ($11.14) to GBX 980 ($12.13) and gave the stock a neutral rating in a report on Friday, August 19th. Shore Capital reissued a hold rating on shares of Capita PLC in a report on Wednesday, July 27th. Finally, Barclays PLC reduced their target price on shares of Capita PLC from GBX 1,235 ($15.28) to GBX 1,100 ($13.61) and set an equal weight rating for the company in a report on Monday, July 25th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. Capita PLC currently has a consensus rating of Hold and an average price target of GBX 976.69 ($12.09).
Shares of Capita PLC (LON:CPI) opened at 590.92 on Monday. The company’s market cap is GBX 3.93 billion. The stock’s 50 day moving average is GBX 907.85 and its 200-day moving average is GBX 986.07. Capita PLC has a 12 month low of GBX 580.10 and a 12 month high of GBX 1,306.00.
The company also recently declared a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be given a dividend of GBX 11.10 ($0.14) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 1.14%.
In other news, insider Nick Greatorex purchased 1,461 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were bought at an average price of GBX 679 ($8.40) per share, for a total transaction of £9,920.19 ($12,277.46). Also, insider Ian Powell bought 2,000 shares of the company’s stock in a transaction dated Thursday, September 29th. The stock was bought at an average price of GBX 699 ($8.65) per share, for a total transaction of £13,980 ($17,301.98).
About Capita PLC
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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