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Capita plc ( (GB:CPI) ) has shared an update.
Oasis Management Company Ltd., based in Hong Kong, has acquired a significant holding in Capita plc, crossing the 5% threshold of voting rights through financial instruments. This acquisition positions Oasis Management as a notable stakeholder in Capita, potentially influencing the company’s strategic decisions and impacting its market dynamics.
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 is a UK-based company operating in the professional services sector. It provides a range of services including business process management and outsourcing solutions, primarily focusing on the UK market.
Average Trading Volume: 412,099
Technical Sentiment Signal: Hold
Current Market Cap: £387M
See more data about CPI stock on TipRanks’ Stock Analysis page.