Shares of Capita PLC (LON:CPI) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $119.24 and traded as high as $148.05. Capita shares last traded at $146.15, with a volume of 3,909,121 shares trading hands.
A number of research firms have issued reports on CPI. Goldman Sachs Group upgraded shares of Capita to a “buy” rating in a report on Tuesday, September 3rd. Peel Hunt restated a “hold” rating on shares of Capita in a report on Thursday, August 1st. Royal Bank of Canada restated an “outperform” rating and set a GBX 200 ($2.61) price target on shares of Capita in a report on Thursday, August 15th. Barclays restated an “overweight” rating on shares of Capita in a report on Friday, June 21st. Finally, Deutsche Bank restated a “hold” rating on shares of Capita in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 155.29 ($2.03).
The stock’s 50-day moving average price is GBX 128.19 and its 200 day moving average price is GBX 119.39. The firm has a market cap of $2.45 billion and a price-to-earnings ratio of 10.75. 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.
About Capita (LON:CPI)
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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