Capita (LON:CPI) Rating Reiterated by Deutsche Bank Aktiengesellschaft

Capita (LON:CPI)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, MarketBeat.com reports. They presently have a GBX 35 ($0.44) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 155.47% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Shore Capital reaffirmed a “buy” rating on shares of Capita in a research note on Wednesday, March 13th. Royal Bank of Canada dropped their price target on Capita to GBX 1,800 ($22.61) and set a “sector perform” rating for the company in a research note on Tuesday, March 12th.

Capita Price Performance

LON:CPI opened at GBX 13.70 ($0.17) on Tuesday. The firm has a market capitalization of £231.53 million, a price-to-earnings ratio of -137.00, a P/E/G ratio of 0.18 and a beta of 1.83. Capita has a 52-week low of GBX 12.48 ($0.16) and a 52-week high of GBX 36.86 ($0.46). The stock has a fifty day moving average of GBX 14.13 and a 200 day moving average of GBX 17.57. The company has a debt-to-equity ratio of 628.81, a quick ratio of 0.53 and a current ratio of 0.49.

Insiders Place Their Bets

In related news, insider Adolfo Hernandez bought 325,000 shares of the stock in a transaction dated Wednesday, March 6th. The stock was bought at an average price of GBX 16 ($0.20) per share, with a total value of £52,000 ($65,326.63). In related news, insider David S. Lowden bought 250,000 shares of the stock in a transaction dated Friday, March 15th. The stock was bought at an average price of GBX 14 ($0.18) per share, with a total value of £35,000 ($43,969.85). Also, insider Adolfo Hernandez purchased 325,000 shares of Capita stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average price of GBX 16 ($0.20) per share, for a total transaction of £52,000 ($65,326.63). Insiders bought a total of 650,660 shares of company stock valued at $9,683,580 over the last 90 days. Insiders own 4.67% of the company’s stock.

Capita Company Profile

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.