Capita plc (LON:CPI) Stock Has Average Target Price of GBX 408.20 According to Brokerages

Shares of Capita plc (LON:CPI) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 408.20.

Several analysts have recently commented on CPI shares. Peel Hunt reissued a “buy” rating and issued a GBX 311 price target on shares of Capita in a report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 260 price target on shares of Capita in a research note on Wednesday, August 5th. Berenberg Bank dropped their price objective on shares of Capita from GBX 330 to GBX 270 and set a “hold” rating for the company in a report on Wednesday, August 5th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 750 price target on shares of Capita in a research note on Wednesday, August 5th.

Capita Stock Performance

Capita stock opened at GBX 260 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 6,255.83. The company’s 50-day moving average is GBX 253.14 and its two-hundred day moving average is GBX 294.63. Capita has a 1 year low of GBX 196.20 and a 1 year high of GBX 416. The company has a market cap of £311.25 million, a PE ratio of -1.49, a PEG ratio of 0.18 and a beta of 0.88.

Capita (LON:CPI) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 EPS for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.

About Capita

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.