Capita plc (LON:CPI) Given Consensus Rating of “Moderate Buy” by Analysts

Capita plc (LON:CPI) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 464.20.

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research report on Friday, March 27th. Berenberg Bank lowered their price target on Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th. Shore Capital Group reissued a “buy” rating on shares of Capita in a research report on Thursday, March 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 450 target price on shares of Capita in a research report on Friday, March 27th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 900 target price on shares of Capita in a research note on Friday, March 27th.

Insider Buying and Selling

In related news, insider Pablo Andres bought 12,178 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of GBX 280 per share, for a total transaction of £34,098.40. Also, insider Adolfo Hernandez bought 34,540 shares of the business’s stock in a transaction on Friday, March 13th. The stock was purchased at an average cost of GBX 279 per share, for a total transaction of £96,366.60. Insiders have purchased a total of 58,718 shares of company stock valued at $16,346,500 in the last ninety days. 13.40% of the stock is currently owned by corporate insiders.

Capita Stock Down 0.4%

Shares of CPI opened at GBX 273.45 on Friday. Capita has a 52-week low of GBX 168 and a 52-week high of GBX 415.50. The company has a market capitalization of £311.04 million, a PE ratio of 20.17, a price-to-earnings-growth ratio of 0.18 and a beta of 0.66. The stock has a fifty day simple moving average of GBX 328.51 and a two-hundred day simple moving average of GBX 337.87. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 964.14.

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

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.