CPI has been the subject of several other reports. Numis Securities Ltd upgraded Capita PLC to a buy rating and reduced their target price for the stock from GBX 1,115 ($13.80) to GBX 890 ($11.01) in a research report on Friday, September 30th. Credit Suisse Group AG reduced their target price on Capita PLC from GBX 980 ($12.13) to GBX 675 ($8.35) and set a neutral rating for the company in a research report on Wednesday, October 5th. Peel Hunt restated a hold rating and set a GBX 979 ($12.12) target price on shares of Capita PLC in a research report on Thursday, September 29th. BNP Paribas restated a neutral rating and set a GBX 950 ($11.76) target price on shares of Capita PLC in a research report on Monday. Finally, Goldman Sachs Group Inc. restated a sell rating and set a GBX 987 ($12.22) target price on shares of Capita PLC in a research report on Thursday, September 8th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 951.69 ($11.78).
Shares of Capita PLC (LON:CPI) traded up 2.85% during trading on Thursday, reaching GBX 594.50. 1,637,289 shares of the company traded hands. Capita PLC has a 12 month low of GBX 572.16 and a 12 month high of GBX 1,306.00. The firm has a 50-day moving average price of GBX 898.72 and a 200-day moving average price of GBX 983.69. The firm’s market capitalization is GBX 3.95 billion.
The firm also recently declared a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 11.10 ($0.14) per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.
In other Capita PLC news, insider Ian Powell purchased 2,000 shares of the stock in a transaction on Thursday, September 29th. The stock was acquired at an average price of GBX 699 ($8.65) per share, with a total value of £13,980 ($17,301.98). Also, insider Nick Greatorex purchased 1,671 shares of the stock in a transaction on Monday, October 10th. The shares were acquired at an average cost of GBX 594 ($7.35) per share, with a total value of £9,925.74 ($12,284.33).
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.
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