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Capita plc ( (GB:CPI) ) has provided an update.
Capita plc has announced an update to its total voting rights, with its capital consisting of 114,359,758 ordinary shares, each carrying one vote. This figure is crucial for shareholders to determine their notification requirements under the FCA’s rules. Additionally, 534,618 shares held by the Capita Employee Benefit Trust are excluded from the company’s EPS calculation, reflecting its impact on financial metrics.
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
Capita plc operates in the professional services industry, providing a range of services including business process management and outsourcing solutions. The company focuses on delivering technology-enabled services to various sectors, enhancing operational efficiency and customer experience.
Average Trading Volume: 450,334
Technical Sentiment Signal: Buy
Current Market Cap: £345.8M
Find detailed analytics on CPI stock on TipRanks’ Stock Analysis page.