Capita (LON:CPI – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Tuesday, Marketbeat reports. They currently have a GBX 35 ($0.44) target price on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 155.47% from the company’s current price.
CPI has been the topic of a number of other reports. Royal Bank of Canada decreased their price target on Capita to GBX 1,800 ($22.61) and set a “sector perform” rating on the stock in a report on Tuesday, March 12th. Shore Capital reissued a “buy” rating on shares of Capita in a research note on Wednesday, March 13th.
View Our Latest Stock Report on Capita
Capita Stock Performance
Insider Buying and Selling at Capita
In related news, insider Nneka Abulokwe acquired 74,324 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was acquired at an average cost of GBX 13 ($0.16) per share, with a total value of £9,662.12 ($12,138.34). In other news, insider Nneka Abulokwe bought 74,324 shares of the stock in a transaction dated Wednesday, March 20th. The stock was purchased at an average cost of GBX 13 ($0.16) per share, for a total transaction of £9,662.12 ($12,138.34). Also, insider David S. Lowden bought 250,000 shares of the stock in a transaction dated Friday, March 15th. The shares were purchased at an average price of GBX 14 ($0.18) per share, with a total value of £35,000 ($43,969.85). Insiders purchased a total of 650,660 shares of company stock valued at $9,683,580 in the last three months. 4.67% of the stock is currently owned by corporate insiders.
About Capita
Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.
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