Capita PLC (LON:CPI) Given Consensus Rating of “Hold” by Analysts
Shares of Capita PLC (LON:CPI) have earned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the company. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 1,108.38 ($14.76).
A number of research analysts recently issued reports on CPI shares. Panmure Gordon raised shares of Capita PLC to a “hold” rating and set a GBX 900 ($11.99) price target for the company in a research report on Friday, July 8th. BNP Paribas cut shares of Capita PLC to an “underperform” rating and set a GBX 1,050 ($13.99) target price for the company. in a report on Friday, May 27th. Credit Suisse Group AG cut shares of Capita PLC to a “neutral” rating and decreased their target price for the stock from GBX 1,250 ($16.65) to GBX 900 ($11.99) in a report on Tuesday, June 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Capita PLC in a report on Wednesday, June 29th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 1,170 ($15.58) target price on shares of Capita PLC in a report on Thursday, July 28th.
Capita PLC (LON:CPI) traded down 1.10% on Tuesday, hitting GBX 993.00. 1,132,706 shares of the stock were exchanged. Capita PLC has a 12 month low of GBX 839.00 and a 12 month high of GBX 1,306.00. The company has a 50-day moving average of GBX 1,006.60 and a 200-day moving average of GBX 1,018.21. The stock’s market cap is GBX 6.60 billion.
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The company also recently declared a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be issued a dividend of GBX 11.10 ($0.15) per share. This represents a yield of 1.14%. The ex-dividend date is Thursday, October 20th.
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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