Capita PLC (LON:CPI) had its price target decreased by stock analysts at Credit Suisse Group AG from GBX 980 ($12.79) to GBX 675 ($8.81) in a report released on Wednesday, StockTargetPrices.com reports. The firm currently has a “neutral” rating on the stock. Credit Suisse Group AG’s price objective points to a potential upside of 6.72% from the company’s previous close.
Several other analysts have also recently weighed in on CPI. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 1,050 ($13.71) price target on shares of Capita PLC in a report on Monday, June 13th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,087 ($14.19) price target on shares of Capita PLC in a report on Tuesday, June 21st. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a GBX 894 ($11.67) price target on shares of Capita PLC in a report on Monday, June 27th. Deutsche Bank AG lowered their price target on Capita PLC from GBX 1,250 ($16.32) to GBX 1,170 ($15.27) and set a “buy” rating on the stock in a report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Capita PLC in a report on Wednesday, June 29th. Two research 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. Capita PLC presently has an average rating of “Hold” and an average price target of GBX 1,022.44 ($13.35).
Capita PLC (LON:CPI) opened at 610.00 on Wednesday. The firm has a 50-day moving average price of GBX 955.11 and a 200-day moving average price of GBX 998.43. Capita PLC has a 52-week low of GBX 605.50 and a 52-week high of GBX 1,306.00. The company’s market cap is GBX 4.06 billion.
The business 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 is Thursday, October 20th. This represents a yield of 1.14%.
In other Capita PLC news, insider Nick Greatorex acquired 1,461 shares of the business’s stock in a transaction dated Friday, September 30th. The shares were purchased at an average cost of GBX 679 ($8.86) per share, for a total transaction of £9,920.19 ($12,948.95). Also, insider Ian Powell acquired 2,000 shares of the business’s stock in a transaction dated Thursday, September 29th. The stock was acquired at an average price 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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