tiprankstipranks
Trending News
More News >

Capita plc Announces Managerial Share Purchases

Story Highlights
  • Capita plc operates in professional services, offering outsourcing and IT solutions.
  • Managerial personnel participated in Capita’s share purchase plan, boosting stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

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

Capita plc has announced transactions involving its managerial personnel under the Capita Share Ownership Plan. Scott Hill, Chief People Officer, and Sameer Vuyyuru, Chief AI and Product Officer, participated in the monthly share purchase plan, acquiring ordinary shares on the London Stock Exchange. These transactions reflect the company’s ongoing efforts to align managerial interests with shareholder value, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (GB:CPI) stock is a Buy with a £0.40 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 overall stock score is driven by its challenging financial performance, with high leverage and negative cash flows posing significant risks. However, its low P/E ratio suggests potential value. Positive corporate events, such as contract extensions and insider buying, offer some optimism. Technical analysis indicates a bearish sentiment, but with no extreme conditions.

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

More about Capita plc

Capita plc operates in the professional services industry, providing a range of services including business process outsourcing, IT services, and consulting. The company focuses on delivering innovative solutions to enhance operational efficiency and customer experience for its clients across various sectors.

Average Trading Volume: 372,990

Technical Sentiment Signal: Sell

Current Market Cap: £206.6M

For an in-depth examination of CPI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App