Capita (LON:CPI) Given New GBX 320 Price Target at Deutsche Bank Aktiengesellschaft

Capita (LON:CPI) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 300 to GBX 320 in a research report sent to investors on Friday morning,London Stock Exchange reports. The brokerage currently has a hold rating on the stock.

Several other equities analysts have also commented on CPI. Shore Capital Group restated a “buy” rating on shares of Capita in a research report on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 900 price objective on shares of Capita in a research report on Friday. Finally, Berenberg Bank reduced their target price on shares of Capita to GBX 330 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capita has a consensus rating of “Moderate Buy” and an average target price of GBX 464.20.

Capita Trading Down 2.5%

Shares of LON CPI opened at GBX 269.57 on Friday. Capita has a 12-month low of GBX 168 and a 12-month high of GBX 415.50. The company has a market cap of £306.63 million, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 0.18 and a beta of 0.66. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14. The stock’s 50 day simple moving average is GBX 338.31 and its 200 day simple moving average is GBX 337.32.

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

Insiders Place Their Bets

In other Capita news, insider Pablo Andres purchased 12,178 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of GBX 280 per share, with a total value of £34,098.40. Also, insider Adolfo Hernandez purchased 34,540 shares of the stock in a transaction dated Friday, March 13th. The shares were acquired at an average cost of GBX 279 per share, for a total transaction of £96,366.60. Insiders have acquired a total of 58,718 shares of company stock valued at $16,346,500 in the last quarter. 13.40% of the stock is currently owned by insiders.

Trending Headlines about Capita

Here are the key news stories impacting Capita this week:

• Positive Sentiment: Capita agreed to sell its private‑sector contact‑centre business as it refocuses on public services and pensions; the disposal was cited as the main near‑term catalyst lifting the shares. Capita shares jump on sale of call centre business
• Positive Sentiment: Capita sold private‑sector contact centres — company update/press coverage highlighting the strategic refocus that investors view as value‑creative. Capita Sells Private Sector Contact Centres to Refocus on Public Services and Pensions
• Positive Sentiment: Canaccord Genuity reaffirmed a “buy” rating and retains an aggressive GBX 900 price target — a very bullish signal from a broker that could support upside sentiment. London Stock Exchange
• Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 450 price target, adding further buy‑side support. London Stock Exchange
• Positive Sentiment: Deutsche Bank raised its price target from GBX 300 to GBX 320 (rating: hold) — a modest upgrade to valuation assumptions that reduces near‑term downside. London Stock Exchange
• Positive Sentiment: Shore Capital reaffirmed its “buy” rating, another broker reiteration supporting the trade after the disposal news. Digital Look

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.