Numis Securities Ltd upgraded shares of Capita PLC (LON:CPI) to a buy rating in a research note published on Friday morning. Numis Securities Ltd currently has GBX 890 ($11.62) target price on the stock, down from their prior target price of GBX 1,115 ($14.55).
CPI has been the topic of a number of other reports. BNP Paribas reaffirmed a neutral rating and issued a GBX 950 ($12.40) price objective on shares of Capita PLC in a report on Monday, July 11th. Peel Hunt reiterated a hold rating and set a GBX 1,087 ($14.19) target price on shares of Capita PLC in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. reiterated a sell rating and set a GBX 987 ($12.88) target price on shares of Capita PLC in a research report on Thursday, September 8th. Jefferies Group reiterated a buy rating and set a GBX 1,340 ($17.49) target price on shares of Capita PLC in a research report on Tuesday, July 12th. Finally, Deutsche Bank AG cut their target price on Capita PLC from GBX 1,170 ($15.27) to GBX 1,150 ($15.01) and set a buy rating for the company in a research report on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Capita PLC has an average rating of Hold and an average price target of GBX 1,022.44 ($13.35).
Shares of Capita PLC (LON:CPI) opened at 655.50 on Friday. The firm’s market capitalization is GBX 4.36 billion. The company has a 50-day moving average price of GBX 965.60 and a 200-day moving average price of GBX 1,001.02. Capita PLC has a 12 month low of GBX 652.00 and a 12 month high of GBX 1,306.00.
The company also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be given a GBX 11.10 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 1.14%.
In other news, insider Nick Greatorex bought 1,461 shares of the company’s stock in a transaction on Friday, September 30th. The stock was purchased at an average cost of GBX 679 ($8.86) per share, for a total transaction of £9,920.19 ($12,948.95). Also, insider Ian Powell bought 2,000 shares of the company’s stock in a transaction on Thursday, September 29th. The stock was purchased at an average price of GBX 699 ($9.12) per share, with a total value of £13,980 ($18,248.27).
Capita PLC Company Profile
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.
Receive News & Ratings for Capita PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita PLC and related companies with MarketBeat.com's FREE daily email newsletter.