Capita PLC (LON:CPI)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank AG in a research report issued on Thursday. They currently have a GBX 740 ($9.16) target price on the stock. Deutsche Bank AG’s price target would suggest a potential upside of 25.11% from the stock’s previous close.
CPI has been the topic of a number of other reports. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 950 ($11.76) price target on shares of Capita PLC in a research note on Monday, July 11th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,087 ($13.45) price target on shares of Capita PLC in a research note on Tuesday, June 21st. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a GBX 987 ($12.22) price target on shares of Capita PLC in a research note on Thursday, September 8th. Numis Securities Ltd raised shares of Capita PLC to a “buy” rating and decreased their price target for the company from GBX 1,115 ($13.80) to GBX 890 ($11.01) in a research note on Friday, September 30th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,340 ($16.58) price target on shares of Capita PLC in a research note on Tuesday, July 12th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 976.69 ($12.09).
Shares of Capita PLC (LON:CPI) opened at 589.85 on Thursday. The firm’s 50-day moving average price is GBX 907.85 and its 200 day moving average price is GBX 986.07. The company’s market capitalization is GBX 3.92 billion. Capita PLC has a 52 week low of GBX 580.10 and a 52 week high of GBX 1,306.00.
The firm also recently declared a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be given a GBX 11.10 ($0.14) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.14%.
In other Capita PLC news, insider Ian Powell purchased 2,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The stock was bought at an average price of GBX 699 ($8.65) per share, with a total value of £13,980 ($17,301.98). Also, insider Nick Greatorex purchased 1,671 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was acquired at an average cost of GBX 594 ($7.35) per share, with a total value of £9,925.74 ($12,284.33).
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.
Receive News & Ratings for Capita PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita PLC and related companies with MarketBeat.com's FREE daily email newsletter.