Several other analysts have also commented on the stock. Peel Hunt reiterated a hold rating and issued a GBX 979 ($12.78) price target on shares of Capita PLC in a research report on Thursday, September 29th. Panmure Gordon lowered shares of Capita PLC to a sell rating in a research report on Friday, September 30th. Goldman Sachs Group Inc. reiterated a sell rating and issued a GBX 894 ($11.67) price target on shares of Capita PLC in a research report on Monday, June 27th. JPMorgan Chase & Co. lowered their price target on shares of Capita PLC from GBX 1,080 ($14.10) to GBX 760 ($9.92) and set a neutral rating on the stock in a research report on Friday, September 30th. Finally, Credit Suisse Group AG lowered shares of Capita PLC to a neutral rating and lowered their price target for the company from GBX 1,250 ($16.32) to GBX 900 ($11.75) in a research report on Tuesday, June 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Capita PLC has a consensus rating of Hold and a consensus price target of GBX 1,022.44 ($13.35).
Capita PLC (LON:CPI) opened at 642.00 on Monday. The firm has a 50 day moving average of GBX 965.60 and a 200 day moving average of GBX 1,001.02. Capita PLC has a 1-year low of GBX 641.50 and a 1-year high of GBX 1,306.00. The firm’s market cap is GBX 4.27 billion.
The firm also recently announced a dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Thursday, October 20th will be paid a GBX 11.10 ($0.14) dividend. This represents a dividend yield of 1.14%. The ex-dividend date is Thursday, October 20th.
In other Capita PLC news, insider Nick Greatorex bought 1,461 shares of the business’s stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 679 ($8.86) per share, with a total value of £9,920.19 ($12,948.95). Also, insider Ian Powell bought 2,000 shares of the business’s stock in a transaction dated Thursday, September 29th. The stock was acquired at an average cost of GBX 699 ($9.12) per share, for a total transaction of £13,980 ($18,248.27).
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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