Capita’s (CPI) “Buy” Rating Reiterated at Canaccord Genuity Group

by · The Cerbat Gem

Canaccord Genuity Group reaffirmed their buy rating on shares of Capita (LON:CPI – Free Report) in a research note published on Monday morning, Marketbeat.com reports. They currently have a GBX 900 price objective on the stock.

Other research analysts also recently issued research reports about the company. Peel Hunt reiterated a “buy” rating and issued a GBX 321 price objective on shares of Capita in a report on Friday, November 7th. Berenberg Bank initiated coverage on shares of Capita in a research note on Wednesday, October 29th. They issued a “hold” rating and a GBX 350 price target on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 494.

Check Out Our Latest Stock Analysis on CPI

Capita Stock Performance

LON:CPI opened at GBX 390 on Monday. Capita has a 12 month low of GBX 168 and a 12 month high of GBX 415.50. The company has a debt-to-equity ratio of 291.56, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a market capitalization of £443.62 million, a PE ratio of 28.76, a price-to-earnings-growth ratio of 0.18 and a beta of 1.95. The business’s fifty day moving average price is GBX 333.51 and its 200 day moving average price is GBX 299.24.

Capita Company Profile

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Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology.

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