Analysts at HSBC lifted their price target on shares of Capita Plc (LON: CPI) from $9.55 (630 GBX) to $10.46 (690 GBX) in a research report issued to clients and investors on Thursday. The firm currently has an “underweight” rating on the stock.
A number of other analysts have also recently weighed in on CPI. Analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Capita Plc in a research note to investors on Thursday. They now have a $8.49 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Capita Plc in a research note to investors on Thursday. They now have a $9.86 price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of Capita Plc in a research note to investors on Thursday. They now have a $9.55 price target on the stock.
Shares of Capita Plc traded down 2.89% during mid-day trading on Thursday, hitting GBX 823.4999. Capita Plc has a 52 week low of GBX 600.00 and a 52 week high of GBX 857.50. The stock’s 50-day moving average is currently GBX 748.1. The company’s market cap is £5.358 billion.
Capita plc, formerly The Capita Group Plc, is a provider of business process outsourcing solutions and professional support services to organizations across the public and private sectors.
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