Analysts Set Capita plc (LON:CPI) Price Target at GBX 464.20

Shares of Capita plc (LON:CPI) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 464.20.

Several brokerages have recently weighed in on CPI. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 900 target price on shares of Capita in a research note on Friday, March 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 450 price target on shares of Capita in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft increased their price objective 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, Shore Capital Group reissued a “buy” rating on shares of Capita in a research note on Thursday, April 23rd.

Capita Stock Performance

LON:CPI opened at GBX 220.50 on Friday. The firm has a market capitalization of £264.11 million, a PE ratio of -1.53, a PEG ratio of 0.18 and a beta of 0.91. The stock’s fifty day moving average is GBX 331.80 and its 200 day moving average is GBX 335.17. Capita has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 416. The company has a debt-to-equity ratio of 1,526.79, a quick ratio of 0.53 and a current ratio of 0.54.

Insiders Place Their Bets

In other Capita news, insider Adolfo Hernandez bought 2,763 shares of Capita stock in a transaction on Friday, May 29th. The shares were acquired at an average price of GBX 405 per share, for a total transaction of £11,190.15. Also, insider Georgina Harvey sold 400 shares of Capita stock in a transaction on Monday, June 15th. The stock was sold at an average price of GBX 340, for a total value of £1,360. Insiders bought a total of 27,410 shares of company stock valued at $10,897,189 over the last quarter. 5.34% of the stock is currently owned by insiders.

About Capita

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.