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Capita plc Announces Change in Major Shareholder Holdings

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Capita plc Announces Change in Major Shareholder Holdings

Elevate Your Investing Strategy:

Capita plc ( (GB:CPI) ) has shared an update.

Capita plc has announced a change in its major holdings, with Lombard Odier Asset Management (Europe) Limited reducing its voting rights from 5.31% to 4.71%. This shift in voting rights indicates a disposal of shares by Lombard Odier, which may impact Capita’s shareholder dynamics and influence within the company.

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.

The stock score is primarily driven by positive corporate events and undervaluation, despite financial challenges. Technical indicators show strong momentum but caution due to overbought signals. Financial performance remains a concern due to high debt and cash flow issues.

To see Spark’s full report on GB:CPI stock, click here.

More about Capita plc

Average Trading Volume: 429,822

Technical Sentiment Signal: Hold

Current Market Cap: £390.4M

See more data about CPI stock on TipRanks’ Stock Analysis page.

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