Capita (LON:CPI) “Neutral” Rating Kept by JP Morgan Cazenove; The Price Target is Set to GBX 418.00; First Acceptance (FAC)’s Sentiment Is 1.33

February 4, 2018 - By Shannon Black

Research analysts at JP Morgan Cazenove have GBX 418.00 PT on Capita (LON:CPI). JP Morgan Cazenove’s PT would indicate a potential upside of 157.55% from the company’s current stock price. The rating was released in a research report on Wednesday, 31 January.

First Acceptance Corporation, through its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and other ancillary products in the United States. The company has market cap of $46.22 million. The firm operates through two divisions, Insurance, and Real Estate and Corporate. It currently has negative earnings. It issues automobile insurance policies to individuals who are categorized as non-standard based primarily on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment history or need for monthly payment plans, failure to maintain continuous insurance coverage, or driving record.

The stock decreased 0.73% or $0.0082 during the last trading session, reaching $1.1218. About 1,272 shares traded. First Acceptance Corporation (FAC) has declined 10.95% since February 4, 2017 and is downtrending. It has underperformed by 27.65% the S&P500.

Second Curve Capital Llc holds 1.76% of its portfolio in First Acceptance Corporation for 4.10 million shares. First Wilshire Securities Management Inc owns 350,000 shares or 0.11% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 93 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 144,516 shares.

Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company has market cap of 1.08 billion GBP. The firm offers business process management, business transformation, corporate and administration, customer management, debt solution, digital and software solution, financial, HR and recruitment, information technology, legal, procurement, property and infrastructure, and travel and event services. It has a 108.2 P/E ratio. It provides its services to banking and financial services, insurance, life and pensions, retail, telecoms and media, transport, utilities, central and local government, defense, education, emergency services, health, police and justice, and science sectors.

Among 20 analysts covering Capita Group The PLC (LON:CPI), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Capita Group The PLC has GBX 1445 highest and GBX 1 lowest target. GBX 667.47’s average target is 311.26% above currents GBX 162.3 stock price. Capita Group The PLC had 215 analyst reports since July 24, 2015 according to SRatingsIntel. BNP Paribas maintained it with “Neutral” rating and GBX 1275 target in Monday, July 27 report. RBC Capital Markets maintained Capita plc (LON:CPI) on Monday, September 21 with “Underperform” rating. On Monday, May 9 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of Capita plc (LON:CPI) earned “Buy” rating by Deutsche Bank on Wednesday, May 11. The firm has “Buy” rating by Numis Securities given on Tuesday, February 21. The rating was maintained by Deutsche Bank with “Hold” on Friday, September 22. Jefferies maintained the stock with “Buy” rating in Tuesday, March 1 report. The stock of Capita plc (LON:CPI) has “Hold” rating given on Tuesday, October 24 by Deutsche Bank. The company was upgraded on Monday, June 19 by Jefferies. The firm has “Neutral” rating given on Monday, September 26 by BNP Paribas.