Reaffirmed: Capita Group The PLC (LON:CPI) Buy Rating Reiterated at Deutsche Bank; GBX 1270.00 Target in Place

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Capita Group The PLC (LON:CPI) Rating Reaffirmed

The financial firm has just set a PT of GBX 1270.00 on Capita Group The PLC (LON:CPI) shares. This is 8.42% from the previous close. In a recent report distributed on Thursday morning, Deutsche Bank has decided to restate their Buy rating on shares of CPI.

From a total of 15 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 1251.07 with a 6.35% above today’s (GBX 1171.36) stock price. Capita Group The PLC was the topic of 44 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on December 14 with “Hold” rating. Peel Hunt maintained shares with “Hold” rating and GBX 1280 target share price in a report from a December 11. Numis Securities maintained CPI stock in a recent report from December 14 with “Hold” rating. Canaccord Genuity maintained the rating on December 11. Canaccord Genuity has a “Buy” rating and a GBX 1320 price target on shares. Finally, Morgan Stanley maintained the stock with “Underwt/In-Line” rating in a report issued on a December 11.

The stock increased 2.21% or GBX 25.36 on December 16, striking GBX 1171.36. Approximately 1.44M shares of stock traded hands or 18.03% up from the average. Capita PLC (LON:CPI) has declined 7.57% since May 20, 2015 and is downtrending. It has underperformed by 4.94% the S&P500.

Reaffirmed: Capita Group The PLC (LON:CPI) Buy Rating Reiterated at Deutsche Bank; GBX 1270.00 Target in Place

Capita PLC provides customer and business process management services. The company has a market cap of 7.78 billion GBP.

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