Capita PLC (CPI) Given Average Recommendation of “Hold” by Brokerages

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Capita PLC (LON:CPI) has earned an average rating of “Hold” from the fifteen analysts that are currently covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 171.20 ($2.24).

A number of brokerages have commented on CPI. Peel Hunt restated a “hold” rating on shares of Capita in a research report on Wednesday, October 17th. Goldman Sachs Group restated a “neutral” rating and set a GBX 130 ($1.70) price objective on shares of Capita in a research report on Tuesday, December 4th. Liberum Capital restated a “buy” rating on shares of Capita in a research report on Wednesday, November 7th. Shore Capital restated a “hold” rating on shares of Capita in a research report on Wednesday, November 7th. Finally, Deutsche Bank cut their price objective on shares of Capita from GBX 175 ($2.29) to GBX 151 ($1.97) and set a “hold” rating for the company in a research report on Thursday, November 15th.

Capita stock traded up GBX 3 ($0.04) during trading hours on Wednesday, reaching GBX 115 ($1.50). 2,063,411 shares of the stock were exchanged, compared to its average volume of 8,080,000. Capita has a 52-week low of GBX 149.25 ($1.95) and a 52-week high of GBX 721 ($9.42).

Capita Company Profile

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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Analyst Recommendations for Capita (LON:CPI)

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