Capita PLC (LON:CPI) had its price objective decreased by Peel Hunt from GBX 979 ($12.12) to GBX 657 ($8.13) in a research note released on Thursday. Peel Hunt currently has a hold rating on the stock.
A number of other brokerages have also recently issued reports on CPI. Panmure Gordon upgraded shares of Capita PLC to a hold rating and set a GBX 900 ($11.14) price objective for the company in a report on Friday, July 8th. BNP Paribas restated an underperform rating and set a GBX 1,000 ($12.38) price objective on shares of Capita PLC in a report on Monday, June 27th. Credit Suisse Group AG cut shares of Capita PLC to a neutral rating and decreased their price objective for the company from GBX 1,250 ($15.47) to GBX 900 ($11.14) in a report on Tuesday, June 28th. JPMorgan Chase & Co. decreased their price objective on shares of Capita PLC from GBX 1,080 ($13.37) to GBX 760 ($9.41) and set a neutral rating for the company in a report on Friday, September 30th. Finally, Deutsche Bank AG restated a buy rating and set a GBX 1,170 ($14.48) price objective on shares of Capita PLC in a report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 951.69 ($11.78).
Capita PLC (LON:CPI) traded up 2.94% on Thursday, hitting GBX 595.00. 1,550,569 shares of the stock were exchanged. The stock’s market capitalization is GBX 3.96 billion. The company has a 50 day moving average of GBX 898.72 and a 200 day moving average of GBX 983.69. Capita PLC has a one year low of GBX 572.16 and a one year high of GBX 1,306.00.
The business also recently disclosed a dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Thursday, October 20th will be given a GBX 11.10 ($0.14) dividend. This represents a dividend yield of 1.14%. The ex-dividend date is Thursday, October 20th.
In other Capita PLC news, insider Nick Greatorex purchased 1,461 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The shares were acquired at an average cost of GBX 679 ($8.40) per share, for a total transaction of £9,920.19 ($12,277.46). Also, insider Ian Powell purchased 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The stock was acquired at an average price of GBX 699 ($8.65) per share, for a total transaction of £13,980 ($17,301.98).