Capita PLC (CPI) Given Average Rating of “Hold” by Brokerages

Shares of Capita PLC (LON:CPI) have earned an average recommendation of “Hold” from the sixteen ratings firms that are currently covering the stock, Marketbeat.com reports. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 173.82 ($2.27).

A number of equities research analysts have commented on the company. Liberum Capital restated a “buy” rating on shares of Capita in a research report on Wednesday, November 7th. Peel Hunt restated a “hold” rating on shares of Capita in a research report on Monday, November 5th. Shore Capital restated a “hold” rating on shares of Capita in a research report on Wednesday, November 7th. Deutsche Bank reduced their target price on Capita from GBX 151 ($1.97) to GBX 130 ($1.70) and set a “hold” rating on the stock in a research report on Tuesday, December 11th. Finally, Goldman Sachs Group lifted their target price on Capita from GBX 130 ($1.70) to GBX 155 ($2.03) and gave the company a “neutral” rating in a research report on Monday, January 21st.

LON CPI opened at GBX 116.05 ($1.52) on Wednesday. Capita has a fifty-two week low of GBX 149.25 ($1.95) and a fifty-two week high of GBX 721 ($9.42).

Capita Company Profile

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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Analyst Recommendations for Capita (LON:CPI)

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