Capita plc (LON:CPI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Capita plc (LON:CPI) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 464.20.

Several equities research analysts recently issued reports on the stock. Berenberg Bank decreased their target price on shares of Capita to GBX 330 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Shore Capital Group reissued a “buy” rating on shares of Capita in a research report on Thursday, April 23rd. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 900 target price on shares of Capita in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research report on Friday, March 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 450 target price on shares of Capita in a research report on Friday, March 27th.

Insider Activity at Capita

In related news, insider Adolfo Hernandez bought 34,540 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of GBX 279 per share, with a total value of £96,366.60. Also, insider Pablo Andres bought 12,178 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was bought at an average cost of GBX 280 per share, for a total transaction of £34,098.40. Insiders purchased 58,718 shares of company stock worth $16,346,500 over the last three months. Corporate insiders own 13.40% of the company’s stock.

Capita Price Performance

Capita stock opened at GBX 319.26 on Friday. Capita has a 12-month low of GBX 208.20 and a 12-month high of GBX 415.50. The stock has a market capitalization of £382.41 million, a P/E ratio of -2.22, a P/E/G ratio of 0.18 and a beta of 0.82. The firm’s 50-day moving average is GBX 283.39 and its two-hundred day moving average is GBX 335.42. The company has a debt-to-equity ratio of 964.14, a current ratio of 0.54 and a quick ratio of 0.53.

Capita (LON:CPI) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 earnings per share (EPS) for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Capita Company Profile

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.