Capita (LON:CPI) PT Lowered to GBX 74 at Peel Hunt

Capita (LON:CPI) had its target price cut by Peel Hunt from GBX 84 ($1.10) to GBX 74 ($0.97) in a research report released on Tuesday, Stock Target Advisor reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently commented on CPI. Goldman Sachs Group lowered their price objective on Capita from GBX 200 ($2.63) to GBX 70 ($0.92) and set a buy rating for the company in a research report on Tuesday, April 21st. Barclays lowered their price objective on Capita from GBX 175 ($2.30) to GBX 115 ($1.51) and set an overweight rating for the company in a research report on Friday, March 6th. Shore Capital reissued a hold rating on shares of Capita in a research report on Friday, April 17th. Royal Bank of Canada downgraded Capita to a sector performer rating and lowered their price objective for the stock from GBX 200 ($2.63) to GBX 60 ($0.79) in a research report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. reissued a neutral rating and set a GBX 45 ($0.59) price objective on shares of Capita in a research report on Friday, April 24th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 68.43 ($0.90).

LON CPI opened at GBX 35.11 ($0.46) on Tuesday. The company has a market cap of $611.48 million and a P/E ratio of -9.05. The company has a debt-to-equity ratio of 2,850.07, a current ratio of 0.52 and a quick ratio of 0.46. The stock has a 50-day moving average of GBX 35.17 and a two-hundred day moving average of GBX 108.24. Capita has a 1-year low of GBX 19.84 ($0.26) and a 1-year high of GBX 185.25 ($2.44).

Capita (LON:CPI) last released its earnings results on Thursday, March 5th. The company reported GBX 13.09 ($0.17) earnings per share for the quarter, beating the consensus estimate of GBX 12.90 ($0.17) by GBX 0.19 ($0.00). On average, analysts anticipate that Capita will post 1289.9999925 EPS for the current fiscal year.

In other Capita news, insider Matthew Lester purchased 13,929 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of GBX 71 ($0.93) per share, with a total value of £9,889.59 ($13,009.19). Insiders purchased 15,150 shares of company stock valued at $1,040,727 over the last ninety days.

About Capita

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.

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Analyst Recommendations for Capita (LON:CPI)

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