Capita (LON:CPI) Sets New 1-Year Low at $100.55

Capita PLC (LON:CPI) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 100.55 ($1.31) and last traded at GBX 102.20 ($1.34), with a volume of 25654 shares. The stock had previously closed at GBX 101.45 ($1.33).

A number of equities analysts have issued reports on the stock. Peel Hunt reaffirmed a “hold” rating and set a GBX 127 ($1.66) price objective on shares of Capita in a report on Wednesday, March 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Capita in a research note on Tuesday, April 9th. Royal Bank of Canada lowered their target price on Capita from GBX 210 ($2.74) to GBX 200 ($2.61) and set an “outperform” rating on the stock in a research note on Thursday, March 21st. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Capita in a research note on Wednesday, May 15th. Finally, Numis Securities reiterated a “buy” rating on shares of Capita in a research note on Wednesday, May 1st. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 160.70 ($2.10).

The company has a market capitalization of $1.66 billion and a P/E ratio of 5.55. The company has a debt-to-equity ratio of 1,477.83, a current ratio of 0.74 and a quick ratio of 0.68.

In other news, insider Patrick Butcher acquired 121,243 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were acquired at an average cost of GBX 127 ($1.66) per share, for a total transaction of £153,978.61 ($201,200.33). Also, insider John Cresswell acquired 10,000 shares of the stock in a transaction that occurred on Monday, April 8th. The stock was purchased at an average price of GBX 121 ($1.58) per share, for a total transaction of £12,100 ($15,810.79). Insiders purchased a total of 131,542 shares of company stock worth $16,642,377 over the last 90 days.

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Capita Company Profile (LON:CPI)

Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.

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