Capita’s (CPI) “Buy” Rating Reiterated at Jefferies Financial Group
Jefferies Financial Group reissued their buy rating on shares of Capita (LON:CPI) in a research note issued to investors on Friday, Stock Target Advisor reports.
Other equities analysts also recently issued research reports about the company. Goldman Sachs Group dropped their price objective on Capita from GBX 200 ($2.46) to GBX 70 ($0.86) and set a buy rating on the stock in a report on Tuesday, April 21st. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 40 ($0.49) price objective (down previously from GBX 45 ($0.55)) on shares of Capita in a report on Monday, June 22nd. Shore Capital restated a hold rating on shares of Capita in a report on Thursday, June 25th. Citigroup dropped their price objective on Capita from GBX 190 ($2.34) to GBX 130 ($1.60) and set a buy rating on the stock in a report on Monday, June 22nd. Finally, Barclays dropped their price objective on Capita from GBX 175 ($2.15) to GBX 115 ($1.42) and set an overweight rating on the stock in a report on Friday, March 6th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 75.50 ($0.93).
LON:CPI opened at GBX 44.66 ($0.55) on Friday. The stock’s 50 day moving average price is GBX 38.19 and its 200 day moving average price is GBX 93.15. Capita has a 52 week low of GBX 19.84 ($0.24) and a 52 week high of GBX 185.25 ($2.28). The company has a market capitalization of $755.67 million and a P/E ratio of -11.61. The company has a debt-to-equity ratio of 2,850.07, a quick ratio of 0.46 and a current ratio of 0.52.
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.
See Also: Cost of Equity For A Business, Investors
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