London: Capita (LON:CPI) Stock Has Just Had Its “Neutral” Rating Reiterated by JP Morgan Cazenove. Shares now Have a GBX 1180.00 Target


Capita (LON:CPI) Rating Reaffirmed

London: In a recent report revealed to clients and investors on 14 December, JP Morgan Cazenove has decided to restate their “Neutral” rating on Capita (LON:CPI) shares. They now have a GBX 1180.00 target PPS on the company. JP Morgan Cazenove’s target implies a potential upside of 3.06% from the company’s previous stock close.

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 9.11% above today’s (GBX 1145) 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.

The stock decreased 0.78% or GBX 9 on December 14, striking GBX 1145. Approximately 1.84 million shares of stock traded hands or 55.93% up from the average. Capita PLC (LON:CPI) has declined 8.63% since May 15, 2015 and is downtrending. It has underperformed by 4.21% the S&P500.

London: Capita (LON:CPI) Stock Has Just Had Its

Capita PLC provides customer and business process management services. The company has a market cap of 7.61 billion GBP.