Analysts Set Capita PLC (CPI) Price Target at $532.77

Shares of Capita PLC (LON:CPI) have been given a consensus recommendation of “Hold” by the fourteen analysts that are covering the company. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 532.77 ($6.88).

Several research firms have recently commented on CPI. BNP Paribas restated a “neutral” rating and issued a GBX 550 ($7.10) price objective on shares of Capita PLC in a research note on Monday, January 30th. Shore Capital restated a “sell” rating and issued a GBX 514 ($6.63) price objective on shares of Capita PLC in a research note on Tuesday, February 21st. Peel Hunt restated a “reduce” rating and issued a GBX 466 ($6.02) price objective (down from GBX 479 ($6.18)) on shares of Capita PLC in a research note on Tuesday, January 24th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 510 ($6.58) price target on shares of Capita PLC in a research note on Friday, March 3rd. Finally, Deutsche Bank AG increased their price target on Capita PLC from GBX 470 ($6.07) to GBX 560 ($7.23) and gave the stock a “hold” rating in a research note on Wednesday, March 29th.

In other news, insider Chris Sellers sold 4,067 shares of the firm’s stock in a transaction dated Monday, March 13th. The stock was sold at an average price of GBX 567 ($7.32), for a total transaction of £23,059.89 ($29,766.22). Also, insider Andy Parker sold 55,686 shares of the stock in a transaction dated Friday, May 5th. The shares were sold at an average price of GBX 570 ($7.36), for a total transaction of £317,410.20 ($409,720.15).

Shares of Capita PLC (LON:CPI) traded up 0.34% during trading on Tuesday, hitting GBX 582.00. The stock had a trading volume of 2,561,885 shares. The stock’s 50-day moving average price is GBX 562.71 and its 200 day moving average price is GBX 540.96. The firm’s market capitalization is GBX 3.87 billion. Capita PLC has a 1-year low of GBX 431.30 and a 1-year high of GBX 1,101.00.

The company also recently disclosed a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, May 25th will be given a dividend of GBX 20.60 ($0.27) per share. This is a positive change from Capita PLC’s previous dividend of $11.10. The ex-dividend date is Thursday, May 25th. This represents a dividend yield of 4.01%.

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Capita PLC Company Profile

Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.

12 Month Chart for LON:CPI

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