Capita (CPI)

Sector:

Support

Index:

FTSE Small Cap

15.20p
   
  • Change Today:
      0.62p
  • 52 Week High: 34.92p
  • 52 Week Low: 12.50p
  • Currency: UK Pounds
  • Shares Issued: 1,701.27m
  • Volume: 5,815,266
  • Market Cap: £258.59m
  • RiskGrade: 259

RBC Capital ups Capita to 'outperform', cites signs of stabilisation

By Michele Maatouk

Date: Thursday 25 Nov 2021

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded outsourcer Capita on Thursday to 'outperform' from 'sector perform' and lifted the price target to 70p from 55p, saying it was "one for the brave".
The bank said Capita is not without risks but there are signs of stabilisation. The balance sheet is de-gearing, with further disposals to come, and the business is being simplified, it said.

"Whilst it remains in the 'uninvestable' camp for many, we have reworked new divisional numbers, cashflow and valuation and now see enough upside on a risk-reward basis," RBC said.

The bank noted that it has attached a "speculative risk" qualifier to its rating.

At 1030 GMT, the shares were up 6.2% at 47.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Capita Market Data

Currency UK Pounds
Share Price 15.20p
Change Today 0.62p
% Change 4.25 %
52 Week High 34.92p
52 Week Low 12.50p
Volume 5,815,266
Shares Issued 1,701.27m
Market Cap £258.59m
RiskGrade 259

Capita Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.24% above the market average95.24% above the market average95.24% above the market average95.24% above the market average95.24% above the market average
95.60% above the sector average95.60% above the sector average95.60% above the sector average95.60% above the sector average95.60% above the sector average
Price Trend
71.05% below the market average71.05% below the market average71.05% below the market average71.05% below the market average71.05% below the market average
85.86% below the sector average85.86% below the sector average85.86% below the sector average85.86% below the sector average85.86% below the sector average
Income
47.29% below the market average47.29% below the market average47.29% below the market average47.29% below the market average47.29% below the market average
40.62% below the sector average40.62% below the sector average40.62% below the sector average40.62% below the sector average40.62% below the sector average
Growth
95.71% below the market average95.71% below the market average95.71% below the market average95.71% below the market average95.71% below the market average
95.96% below the sector average95.96% below the sector average95.96% below the sector average95.96% below the sector average95.96% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 1
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Capita Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Oct-17 25-May-17
Paid 30-Nov-17 03-Jul-17
Amount 11.10p 20.60p

Trades for 20-May-2024

Time Volume / Share Price
14:00 12,465 @ 15.20p
14:00 540 @ 15.20p
14:00 9,125 @ 15.20p
13:58 6,567 @ 15.32p
13:57 937 @ 15.22p

Capita Key Personnel

CFO Tim Weller
CEO Adolfo Hernandez

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