Shore Capital downgraded shares of Capita (LON:CPI) to a sell rating in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on the stock. Peel Hunt reaffirmed a hold rating on shares of Capita in a research note on Thursday, August 1st. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 180 ($2.35) price objective on shares of Capita in a research note on Wednesday, April 17th. Deutsche Bank reaffirmed a hold rating on shares of Capita in a research note on Friday, August 2nd. Numis Securities reaffirmed a buy rating on shares of Capita in a research note on Monday, June 3rd. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Capita in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Capita presently has an average rating of Hold and an average price target of GBX 156.33 ($2.04).
Capita stock opened at GBX 122.55 ($1.60) on Monday. The business has a 50 day moving average price of GBX 118.90. Capita has a 52 week low of GBX 98.66 ($1.29) and a 52 week high of GBX 151.65 ($1.98). The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 2,850.07. The firm has a market cap of $2.09 billion and a price-to-earnings ratio of 9.01.
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.
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