Todays Report: The Capita PLC (CPI) Price Target Cut to GBX 657 by Analysts at Peel Hunt

The Capita PLC (CPI) Price Target Cut to GBX 657 by Analysts at Peel Hunt

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).

Related posts

Leave a Comment