Capita (LON:CPI) Stock Price Up 7.4% – Should You Buy?

Capita plc (LON:CPI)’s stock price rose 7.4% on Monday . The company traded as high as GBX 343 and last traded at GBX 343. Approximately 952,255 shares traded hands during trading, a decline of 41% from the average daily volume of 1,623,940 shares. The stock had previously closed at GBX 319.26.

Analysts Set New Price Targets

CPI has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 450 price target on shares of Capita in a research note on Friday, March 27th. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a research note on Thursday, April 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 900 price target on shares of Capita in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research note on Friday, March 27th. Finally, Berenberg Bank lowered their price target on shares of Capita to GBX 330 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 464.20.

Capita Stock Performance

The stock has a market capitalization of £442.05 million, a price-to-earnings ratio of -2.56, a PEG ratio of 0.18 and a beta of 0.82. The stock’s 50 day moving average is GBX 282.93 and its 200 day moving average is GBX 335.76. The company has a current ratio of 0.54, a quick ratio of 0.53 and a debt-to-equity ratio of 964.14.

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 net margin of 7.45% and a negative return on equity of 142.88%.

Insider Transactions at Capita

In other news, insider Pablo Andres bought 12,178 shares of Capita stock in a transaction on Wednesday, March 11th. The shares were bought at an average cost of GBX 280 per share, for a total transaction of £34,098.40. Also, insider Adolfo Hernandez bought 34,540 shares of Capita stock in a transaction on Friday, March 13th. The stock was purchased at an average price of GBX 279 per share, for a total transaction of £96,366.60. Over the last three months, insiders purchased 58,718 shares of company stock worth $16,346,500. 13.40% of the stock is owned by corporate insiders.

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.