Capita plc (LON:CPI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Capita plc (LON:CPI) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 434.20.

A number of brokerages have weighed in on CPI. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Canaccord Genuity Group lowered their price target on Capita from GBX 900 to GBX 750 and set a “buy” rating for the company in a report on Friday, July 10th.

Capita Stock Down 6.1%

Shares of CPI opened at GBX 253.50 on Thursday. Capita has a one year low of GBX 215 and a one year high of GBX 416. The company has a market cap of £303.64 million, a P/E ratio of -1.76, a P/E/G ratio of 0.18 and a beta of 0.87. The company has a debt-to-equity ratio of 1,526.79, a current ratio of 0.54 and a quick ratio of 0.53. The firm has a 50 day simple moving average of GBX 304.19 and a two-hundred day simple moving average of GBX 316.62.

Insiders Place Their Bets

In related news, insider Daniel Wosner purchased 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were bought at an average cost of GBX 404 per share, with a total value of £80,800. Also, insider Georgina Harvey purchased 2,880 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of GBX 343 per share, for a total transaction of £9,878.40. Insiders bought a total of 27,410 shares of company stock worth $10,897,189 in the last ninety days. Insiders own 5.34% of the company’s stock.

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.