Capita (LON:CPI)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued to investors on Wednesday.
A number of other equities analysts have also recently issued reports on the stock. Peel Hunt reissued a “hold” rating on shares of Capita in a research report on Wednesday, September 12th. Jefferies Financial Group cut shares of Capita to a “hold” rating and cut their price objective for the stock from GBX 750 ($9.80) to GBX 200 ($2.61) in a research report on Monday, August 6th. UBS Group increased their price objective on shares of Capita from GBX 109 ($1.42) to GBX 150 ($1.96) and gave the stock a “neutral” rating in a research report on Friday, August 24th. Royal Bank of Canada increased their price objective on shares of Capita from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an “outperform” rating in a research report on Friday, August 10th. Finally, Shore Capital reissued a “hold” rating on shares of Capita in a research report on Wednesday, October 17th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 179.46 ($2.34).
CPI stock opened at GBX 126.35 ($1.65) on Wednesday. Capita has a 1 year low of GBX 149.25 ($1.95) and a 1 year high of GBX 721 ($9.42).
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers business process management, business transformation, corporate and administration, customer management, digital and software solution, financial, HR and recruitment, information technology, legal, procurement, property and infrastructure, start-up development, and travel and event services.
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