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An update from Capita plc ( (GB:CPI) ) is now available.
Capita plc has announced an extension of its Revolving Credit Facility (RCF) maturity date to 31 December 2027, adding a 12-month extension from the original expiry date. The facility, valued at £250 million, now includes a £50 million accordion option and involves eight lenders, including new partners Royal Bank of Canada and ABN AMRO Bank N.V. This extension reflects Capita’s strategic financial management, potentially enhancing its operational stability and industry positioning.
The most recent analyst rating on (GB:CPI) stock is a Buy with a £6.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.
Spark’s Take on GB:CPI Stock
According to Spark, TipRanks’ AI Analyst, GB:CPI is a Neutral.
Capita plc’s stock performance is primarily influenced by its challenging financial situation, offset by strong technical momentum and attractive valuation. The positive corporate events further enhance the company’s future prospects, though they are not weighted in the final score.
To see Spark’s full report on GB:CPI stock, click here.
More about Capita plc
Capita plc is a modern outsourcing company that assists clients in both the public and private sectors by managing complex business processes to enhance consumer experiences. With operations in eight countries, Capita’s 34,000 employees predominantly serve UK and European clients, offering people-based services supported by leading technology.
Average Trading Volume: 427,179
Technical Sentiment Signal: Buy
Current Market Cap: £381.3M
See more data about CPI stock on TipRanks’ Stock Analysis page.