Capita (LON:CPI) had its price target dropped by Credit Suisse Group from GBX 550 ($7.72) to GBX 455 ($6.39) in a report released on Wednesday, January 3rd. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 26.60% from the company’s previous close.

A number of other research analysts have also issued reports on the company. Peel Hunt reissued a “reduce” rating and issued a GBX 662 ($9.30) target price on shares of Capita in a report on Monday, November 6th. Jefferies Group reissued a “buy” rating and issued a GBX 750 ($10.53) target price on shares of Capita in a report on Friday, September 8th. Shore Capital reissued a “sell” rating on shares of Capita in a report on Thursday, December 14th. Citigroup reaffirmed a “neutral” rating and set a GBX 535 ($7.51) price objective (down previously from GBX 640 ($8.99)) on shares of Capita in a report on Monday, November 13th. Finally, Deutsche Bank dropped their price objective on Capita from GBX 640 ($8.99) to GBX 580 ($8.14) and set a “hold” rating on the stock in a report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Capita currently has a consensus rating of “Hold” and an average target price of GBX 532.08 ($7.47).

Capita (CPI) traded down GBX 2.20 ($0.03) during trading hours on Wednesday, hitting GBX 359.40 ($5.05). The stock had a trading volume of 1,927,459 shares, compared to its average volume of 2,800,000. The firm has a market capitalization of $2,400.00 and a price-to-earnings ratio of 35,940.00. Capita has a 1-year low of GBX 353.58 ($4.97) and a 1-year high of GBX 721 ($10.12).

COPYRIGHT VIOLATION NOTICE: “Credit Suisse Group Cuts Capita (CPI) Price Target to GBX 455” was posted by Marea Informative and is the sole property of of Marea Informative. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://www.mareainformativa.com/capita-cpi-price-target-cut-to-gbx-455-updated-updated-updated/125235/.

Capita Company Profile

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, Customer Management, Capita Europe and Insurance & Benefits Services.

Analyst Recommendations for Capita (LON:CPI)

Receive News & Ratings for Capita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita and related companies with MarketBeat.com's FREE daily email newsletter.