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

Shares of Capita plc (LON:CPI) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 408.20.

Several research analysts recently weighed in on CPI shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 750 price target on shares of Capita in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Berenberg Bank lowered their target price on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a research note on Wednesday, August 5th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 311 price objective on shares of Capita in a research report on Tuesday, August 4th.

Capita Trading Down 0.2%

LON CPI opened at GBX 239.50 on Friday. The firm’s 50 day moving average price is GBX 258.40 and its two-hundred day moving average price is GBX 291.24. The company has a debt-to-equity ratio of 6,255.83, a quick ratio of 0.53 and a current ratio of 0.53. Capita has a twelve month low of GBX 215 and a twelve month high of GBX 416. The stock has a market cap of £286.87 million, a price-to-earnings ratio of -1.37, a PEG ratio of 0.18 and a beta of 0.88.

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

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.