Capita PLC (CPI) Receives GBX 173.82 Average Price Target from Analysts
Capita PLC (LON:CPI) has been assigned a consensus recommendation of “Hold” from the fifteen research firms that are covering the firm, Marketbeat reports. Nine analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 171.20 ($2.24).
CPI has been the topic of several research analyst reports. Goldman Sachs Group lifted their target price on shares of 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. Peel Hunt dropped their target price on shares of Capita from GBX 148 ($1.93) to GBX 127 ($1.66) and set a “hold” rating on the stock in a research report on Tuesday, January 22nd. Liberum Capital reiterated a “buy” rating on shares of Capita in a research report on Wednesday, October 17th. Deutsche Bank dropped their target price on shares of 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, Shore Capital reiterated a “hold” rating on shares of Capita in a research report on Wednesday, October 17th.
CPI stock traded up GBX 3 ($0.04) during midday trading on Wednesday, hitting GBX 115 ($1.50). 2,063,411 shares of the stock traded hands, compared to its average volume of 8,080,000. 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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