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The latest update is out from Capita plc ( (GB:CPI) ).
Capita plc has reached a settlement with the Information Commissioner’s Office (ICO) concerning a cyber attack that occurred in March 2023, resulting in a £14 million penalty. The company has since enhanced its cybersecurity measures under new leadership and continues its transformation journey, aiming for a positive cash flow by the end of 2025, with no changes to its financial guidance.
The most recent analyst rating on (GB:CPI) stock is a Buy with a £9.00 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 overall stock score reflects significant financial challenges, particularly in cash flow and revenue, despite some positive trends in equity. Technical analysis shows mixed signals, and the valuation is moderate. The lack of earnings call and corporate events data limits further insights.
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 to manage complex business processes more efficiently, enhancing consumer experiences. The company operates across eight countries, primarily supporting UK and European clients with people-based services backed by leading technology. Capita plays a vital role in society, impacting the lives of millions daily.
Average Trading Volume: 539,304
Technical Sentiment Signal: Hold
Current Market Cap: £378.8M
For a thorough assessment of CPI stock, go to TipRanks’ Stock Analysis page.