Capita PLC (LON:CPI) had its price target reduced by Royal Bank Of Canada from GBX 700 ($8.53) to GBX 600 ($7.31) in a report issued on Thursday. They currently have a sector perform rating on the stock.
A number of other research firms also recently issued reports on CPI. Goldman Sachs Group Inc. reissued a sell rating and issued a GBX 987 ($12.03) price target on shares of Capita PLC in a research note on Thursday, September 8th. Peel Hunt reissued a hold rating and issued a GBX 1,087 ($13.25) price target on shares of Capita PLC in a research note on Tuesday, June 21st. BNP Paribas reissued a neutral rating and issued a GBX 950 ($11.58) price target on shares of Capita PLC in a research note on Monday, September 12th. Finally, Credit Suisse Group AG increased their price target on shares of Capita PLC from GBX 900 ($10.97) to GBX 980 ($11.94) and gave the stock a neutral rating in a research note on Friday, August 19th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 951.69 ($11.60).
Shares of Capita PLC (LON:CPI) opened at 591.00 on Thursday. The company’s market cap is GBX 3.93 billion. Capita PLC has a 12-month low of GBX 572.16 and a 12-month high of GBX 1,306.00. The company has a 50 day moving average of GBX 868.68 and a 200-day moving average of GBX 976.94.
The business also recently announced 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. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.
In related news, insider Nick Greatorex bought 1,461 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were bought at an average price of GBX 679 ($8.28) per share, for a total transaction of £9,920.19 ($12,090.42). Also, insider Ian Powell bought 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The stock was bought at an average price of GBX 699 ($8.52) per share, for a total transaction of £13,980 ($17,038.39).
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.
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