Shore Capital downgraded shares of Capita (LON:CPI) to a sell rating in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued research reports about the stock. Numis Securities reaffirmed a buy rating on shares of Capita in a research report on Monday, June 3rd. Peel Hunt reissued a hold rating on shares of Capita in a research report on Thursday, August 1st. Barclays reissued an overweight rating on shares of Capita in a research report on Friday, June 21st. Deutsche Bank reissued a hold rating on shares of Capita in a research report on Friday, August 2nd. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Capita in a research report on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 156.33 ($2.04).
Shares of CPI opened at GBX 121.80 ($1.59) on Monday. The company has a 50 day moving average price of GBX 119.33 and a 200-day moving average price of GBX 117.81. Capita has a fifty-two week low of GBX 98.66 ($1.29) and a fifty-two week high of GBX 151.65 ($1.98). The stock has a market capitalization of $2.03 billion and a PE ratio of 8.96. The company has a debt-to-equity ratio of 2,850.07, a quick ratio of 0.64 and a current ratio of 0.64.
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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