Rating Action: Is Capita (LON:CPI) a Sell? How Analyst Rate it? Why HSBC Downgraded The Stock

November 30, 2016 - By Richard Conner

Capita (LON:CPI) Downgrade

HSBC gave Capita (LON:CPI) shares a new Reduce rating in a research report published on Wednesday, 30 November. The firm’s target on the stock is GBX 450.00.

Capita PLC (LON:CPI) Ratings Coverage

Out of 19 analysts covering Capita Group The PLC (LON:CPI), 5 rate it a “Buy”, 3 “Sell”, while 11 “Hold”. This means 26% are positive. GBX 1445 is the highest target while GBX 1 is the lowest. The GBX 956.78 average target is 82.42% above today’s (GBX 524.5) stock price. Capita Group The PLC has been the topic of 139 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Jefferies on Thursday, July 28. The stock of Capita PLC (LON:CPI) earned “Hold” rating by Numis Securities on Friday, February 26. The rating was maintained by BNP Paribas with “Neutral” on Tuesday, January 26. JP Morgan maintained Capita PLC (LON:CPI) rating on Friday, November 20. JP Morgan has “Neutral” rating and GBX 1180 price target. On Thursday, October 13 the stock rating was maintained by Peel Hunt with “Hold”. The stock of Capita PLC (LON:CPI) earned “Hold” rating by Numis Securities on Tuesday, October 6. Credit Suisse maintained it with “Outperform” rating and GBX 1350 target price in Friday, February 19 report. The firm earned “Buy” rating on Wednesday, June 29 by Deutsche Bank. The firm has “Sell” rating given on Friday, September 30 by Panmure Gordon. The firm earned “Neutral” rating on Friday, October 9 by BNP Paribas.

The stock decreased 5.92% or GBX 33 on November 30, hitting GBX 524.5. About 9.89 million shares traded hands or 210.03% up from the average. Capita PLC (LON:CPI) has declined 44.31% since May 2, 2016 and is downtrending. It has underperformed by 49.53% the S&P500.

Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The company has a market cap of 3.50 billion GBP. The Company’s divisions include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services. It has a 41.54 P/E ratio. The Firm operates in private sectors, such as banking and financial services, insurance, life and pensions, retail, telecoms and media, transport and utilities, and public sector, such as central government, defense, education, emergency services, health, local government, and police and justice.

More news for Capita PLC (LON:CPI) were recently published by: Seekingalpha.com, which released: “Capita PLC Has Bigger Problems Than Brexit – Proceed With Care” on October 14, 2016. Valuewalk.com‘s article titled: “Lansdowne Details Short Thesis For Capita Plc” and published on May 24, 2016 is yet another important article.

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