Several other research analysts have also commented on CPI. Peel Hunt reissued a hold rating and issued a GBX 1,087 ($14.19) price objective on shares of Capita PLC in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. reissued a sell rating and issued a GBX 894 ($11.67) price objective on shares of Capita PLC in a research report on Monday, June 27th. Credit Suisse Group AG lowered Capita PLC to a neutral rating and cut their price objective for the company from GBX 1,250 ($16.32) to GBX 900 ($11.75) in a research report on Tuesday, June 28th. Deutsche Bank AG cut their price objective on Capita PLC from GBX 1,250 ($16.32) to GBX 1,170 ($15.27) and set a buy rating on the stock in a research report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. restated a neutral rating on shares of Capita PLC in a research note on Wednesday, June 29th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. Capita PLC has an average rating of Hold and an average target price of GBX 1,108.38 ($14.47).
Shares of Capita PLC (LON:CPI) opened at 698.00 on Monday. Capita PLC has a 1-year low of GBX 653.66 and a 1-year high of GBX 1,306.00. The firm’s 50-day moving average price is GBX 1,002.99 and its 200 day moving average price is GBX 1,012.10. The stock’s market capitalization is GBX 4.64 billion.
The business also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be paid a GBX 11.10 ($0.14) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.14%.
In other Capita PLC news, insider Ian Powell purchased 2,000 shares of the business’s stock in a transaction dated Thursday, September 29th. The shares were bought at an average price of GBX 699 ($9.12) per share, with a total value of £13,980 ($18,248.27).
About Capita PLC
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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