Capita PLC (LON:CPI) had its target price decreased by Peel Hunt from GBX 979 ($11.93) to GBX 657 ($8.01) in a research report released on Thursday morning. Peel Hunt currently has a hold rating on the stock.
Several other research firms also recently commented on CPI. Panmure Gordon upgraded shares of Capita PLC to a hold rating and set a GBX 900 ($10.97) price objective on the stock in a report on Friday, July 8th. BNP Paribas reiterated an underperform rating and issued a GBX 1,000 ($12.19) price objective on shares of Capita PLC in a report on Monday, June 27th. Credit Suisse Group AG cut shares of Capita PLC to a neutral rating and reduced their target price for the company from GBX 1,250 ($15.23) to GBX 900 ($10.97) in a research report on Tuesday, June 28th. JPMorgan Chase & Co. reduced their target price on shares of Capita PLC from GBX 1,080 ($13.16) to GBX 760 ($9.26) and set a neutral rating for the company in a research report on Friday, September 30th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 1,170 ($14.26) target price on shares of Capita PLC in a research report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. Capita PLC has a consensus rating of Hold and a consensus price target of GBX 951.69 ($11.60).
Shares of Capita PLC (LON:CPI) opened at 614.50 on Thursday. The firm has a 50-day moving average of GBX 861.50 and a 200 day moving average of GBX 973.87. Capita PLC has a 52-week low of GBX 572.16 and a 52-week high of GBX 1,306.00. The firm’s market cap is GBX 4.09 billion.
The firm also recently announced a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be paid a dividend of GBX 11.10 ($0.14) per share. This represents a yield of 1.14%. The ex-dividend date is Thursday, October 20th.
In other Capita PLC news, insider Nick Greatorex bought 1,671 shares of the stock in a transaction on Monday, October 10th. The stock was purchased at an average price of GBX 594 ($7.24) per share, with a total value of £9,925.74 ($12,097.18). Also, insider Ian Powell bought 2,000 shares of the stock in a transaction on Thursday, September 29th. The shares were acquired at an average cost of GBX 699 ($8.52) per share, with a total value of £13,980 ($17,038.39).
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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