Other equities research analysts have also issued reports about the stock. Jefferies Group reaffirmed a buy rating and set a GBX 1,340 ($17.49) price objective on shares of Capita PLC in a report on Tuesday, July 12th. Deutsche Bank AG cut their price objective on shares of Capita PLC from GBX 1,250 ($16.32) to GBX 1,170 ($15.27) and set a buy rating for the company in a report on Wednesday, June 29th. Barclays PLC cut their price objective on shares of Capita PLC from GBX 1,235 ($16.12) to GBX 1,100 ($14.36) and set an equal weight rating for the company in a report on Monday, July 25th. Panmure Gordon raised shares of Capita PLC to a hold rating and set a GBX 900 ($11.75) price objective for the company in a report on Friday, July 8th. Finally, Shore Capital reissued a hold rating on shares of Capita PLC in a report on Monday, July 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,022.44 ($13.35).
Shares of Capita PLC (LON:CPI) opened at 672.34 on Thursday. The company’s 50-day moving average is GBX 986.24 and its 200-day moving average is GBX 1,006.81. Capita PLC has a 12-month low of GBX 652.00 and a 12-month high of GBX 1,306.00. The company’s market capitalization is GBX 4.47 billion.
The company also recently disclosed a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be issued a GBX 11.10 ($0.14) dividend. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 1.14%.
In other news, insider Ian Powell acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The stock was purchased at an average cost of GBX 699 ($9.12) per share, for a total transaction of £13,980 ($18,248.27). Also, insider Nick Greatorex acquired 1,461 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The stock was purchased at an average price of GBX 679 ($8.86) per share, with a total value of £9,920.19 ($12,948.95).
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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