Capita plc (LON:CPI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Capita plc (LON:CPI) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 464.20.

A number of equities research analysts recently weighed in on CPI shares. Deutsche Bank Aktiengesellschaft raised their price target on Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Friday, March 27th. Shore Capital Group restated a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and set a GBX 450 target price on shares of Capita in a report on Friday, March 27th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 900 target price on shares of Capita in a research note on Friday, March 27th. Finally, Berenberg Bank cut their price target on Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th.

Insider Activity at Capita

In other news, insider Georgina Harvey sold 400 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of GBX 340, for a total transaction of £1,360. Also, insider Adolfo Hernandez bought 2,763 shares of Capita stock in a transaction dated Friday, May 29th. The shares were bought at an average price of GBX 405 per share, for a total transaction of £11,190.15. Over the last 90 days, insiders have bought 27,410 shares of company stock worth $10,897,189. 5.34% of the stock is owned by insiders.

Capita Stock Up 1.8%

Shares of CPI opened at GBX 311.50 on Friday. The company has a market capitalization of £373.11 million, a P/E ratio of -2.16, a PEG ratio of 0.18 and a beta of 0.90. The company has a debt-to-equity ratio of 1,526.79, a current ratio of 0.54 and a quick ratio of 0.53. Capita has a one year low of GBX 224 and a one year high of GBX 416. The business’s 50 day simple moving average is GBX 332.10 and its 200-day simple moving average is GBX 338.98.

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.