BNP Paribas Reiterates “Neutral” Rating for Capita PLC (CPI)

Capita PLC (LON:CPI)‘s stock had its “neutral” rating reissued by equities research analysts at BNP Paribas in a research report issued to clients and investors on Monday. They currently have a GBX 550 ($6.87) price objective on the stock. BNP Paribas’ price target suggests a potential upside of 4.36% from the stock’s previous close.

A number of other research firms also recently issued reports on CPI. Deutsche Bank AG reissued a “hold” rating and issued a GBX 740 ($9.25) price objective on shares of Capita PLC in a report on Tuesday, November 22nd. Shore Capital reissued a “sell” rating on shares of Capita PLC in a report on Thursday, November 17th. Peel Hunt restated a “hold” rating and set a GBX 657 ($8.21) target price on shares of Capita PLC in a research note on Thursday, December 8th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 760 ($9.50) target price on shares of Capita PLC in a research note on Friday, November 11th. Finally, Royal Bank Of Canada decreased their target price on shares of Capita PLC from GBX 600 ($7.50) to GBX 500 ($6.25) and set a “sector performer” rating on the stock in a research note on Wednesday, November 30th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. Capita PLC currently has an average rating of “Hold” and an average target price of GBX 602.07 ($7.52).

Analyst Recommendations for Capita PLC (LON:CPI)

Capita PLC (LON:CPI) opened at 527.00 on Monday. Capita PLC has a 1-year low of GBX 431.30 and a 1-year high of GBX 1,128.00. The stock’s market cap is GBX 3.50 billion. The firm has a 50-day moving average of GBX 511.71 and a 200-day moving average of GBX 698.06.

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In other news, insider Andy Parker acquired 20,000 shares of the company’s stock in a transaction on Monday, December 12th. The stock was bought at an average cost of GBX 476 ($5.95) per share, with a total value of £95,200 ($118,970.26). Also, insider Nick Greatorex acquired 2,091 shares of the company’s stock in a transaction on Friday, December 9th. The shares were purchased at an average cost of GBX 475 ($5.94) per share, with a total value of £9,932.25 ($12,412.21). Over the last three months, insiders purchased 22,190 shares of company stock valued at $10,564,699.

About Capita PLC

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.

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