Numis Securities Ltd upgraded shares of Capita PLC (LON:CPI) to a buy rating in a research note released on Friday. They currently have GBX 890 ($11.62) price objective on the stock, down from their previous price objective of GBX 1,115 ($14.55).
Other research analysts also recently issued research reports about the company. Peel Hunt reduced their price objective on Capita PLC from GBX 1,087 ($14.19) to GBX 979 ($12.78) and set a hold rating on the stock in a report on Friday, September 2nd. Goldman Sachs Group Inc. reaffirmed a sell rating and set a GBX 987 ($12.88) price objective on shares of Capita PLC in a report on Thursday, September 8th. BNP Paribas reaffirmed a neutral rating and set a GBX 950 ($12.40) price objective on shares of Capita PLC in a report on Monday, August 22nd. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Capita PLC in a report on Wednesday, September 21st. Finally, Deutsche Bank AG reaffirmed a buy rating and set a GBX 1,170 ($15.27) price objective on shares of Capita PLC in a report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 1,074.31 ($14.02).
Shares of Capita PLC (LON:CPI) traded down 1.13% on Friday, hitting GBX 662.42. The stock had a trading volume of 3,174,568 shares. The firm has a 50 day moving average price of GBX 995.61 and a 200 day moving average price of GBX 1,009.99. Capita PLC has a one year low of GBX 652.00 and a one year high of GBX 1,306.00. The company’s market capitalization is GBX 4.41 billion.
The company also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be issued a dividend of GBX 11.10 ($0.14) per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.
In other news, insider Nick Greatorex bought 1,461 shares of the stock in a transaction on Friday, September 30th. The stock was purchased at an average price of GBX 679 ($8.86) per share, for a total transaction of £9,920.19 ($12,948.95). Also, insider Ian Powell bought 2,000 shares of the stock in a transaction on Thursday, September 29th. The shares were purchased at an average price of GBX 699 ($9.12) per share, with a total value of £13,980 ($18,248.27).
Capita PLC Company Profile
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.