Capita Plc Given Overweight Rating at JP Morgan Cazenove (CPI)

Capita Plc (LON: CPI)‘s stock had its “overweight” rating reaffirmed by JP Morgan Cazenove in a research note issued on Friday. They currently have a $13.14 (875 GBX) price target on the stock.

A number of other firms have also recently commented on CPI. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Capita Plc in a research note to investors on Friday. They now have a $14.48 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Capita Plc in a research note to investors on Friday. They now have a $13.27 price target on the stock. Finally, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Capita Plc in a research note to investors on Friday. They now have a $16.98 price target on the stock, up previously from $16.82.

Shares of Capita Plc traded up 4.25% during mid-day trading on Friday, hitting GBX 858.50. Capita Plc has a one year low of GBX 600.00 and a one year high of GBX 788.00. The stock’s 50-day moving average is currently GBX 748.1. The company’s market cap is £5.579 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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