Capita (LON:CPI) had its price objective increased by Royal Bank of Canada from GBX 45 ($0.55) to GBX 50 ($0.62) in a research note issued to investors on Tuesday morning, Stock Target Advisor reports. The firm currently has a sector performer rating on the stock.
Other equities research analysts have also issued research reports about the stock. Goldman Sachs Group dropped their price objective on shares of Capita from GBX 200 ($2.46) to GBX 70 ($0.86) and set a buy rating on the stock in a research note on Tuesday, April 21st. Deutsche Bank reiterated a hold rating on shares of Capita in a research note on Monday, March 30th. Shore Capital restated a hold rating on shares of Capita in a research note on Thursday, June 25th. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 40 ($0.49) price target (down previously from GBX 45 ($0.55)) on shares of Capita in a research note on Monday, June 22nd. Finally, Citigroup dropped their price target on shares of Capita from GBX 190 ($2.34) to GBX 130 ($1.60) and set a buy rating on the stock in a research note on Monday, June 22nd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Capita presently has a consensus rating of Hold and a consensus price target of GBX 74.25 ($0.91).
Shares of Capita stock opened at GBX 44.10 ($0.54) on Tuesday. The firm has a market cap of $735.98 million and a PE ratio of -11.31. Capita has a 1 year low of GBX 19.84 ($0.24) and a 1 year high of GBX 185.25 ($2.28). The firm’s 50-day simple moving average is GBX 38.33 and its 200-day simple moving average is GBX 92.58. 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 Company Profile
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.
Further Reading: Market Timing
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