Capita (LON:CPI) Rating Reaffirmed
In a note revealed to clients and investors on 14 December, The Hold rating of Capita (LON:CPI) shares was maintained at Berenberg, who now has a GBX 1160 target price on the stock. Berenberg’s target price gives a possible downside of -0.77% from the last stock price of the company.
From a total of 16 analysts covering Capita Group The PLC (LON:CPI) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 12 a ”Hold”. This means that 26% of the ratings are positive. The highest target price is GBX 1470 while the lowest target price is GBX 1000. The mean of all analyst targets is GBX 1260.38 with a 7.31% above today’s (GBX 1164.25) stock price. Capita Group The PLC was the topic of 41 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 14 with “Neutral” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 1000 target share price in a report from a December 9. Shore Capital maintained CPI stock in a recent report from December 11 with “Hold” rating. BNP Paribas maintained the rating on December 3. BNP Paribas has a “Neutral” rating and a GBX 1250 price target on shares. Finally, Canaccord Genuity maintained the stock with “Buy” rating in a report issued on a December 11.
Approximately 368,198 shares of stock traded hands. Capita PLC (LON:CPI) has declined 8.63% since May 15, 2015 and is downtrending. It has underperformed by 4.21% the S&P500.
Capita PLC provides customer and business process management services. The company has a market cap of 7.74 billion GBP.