RE: Prediction6 Jul 2022 13:28
I think the broker targets here have reduced to reflect realistic fair price levels- the share price here has been distorted by the forced selling by IIs when we dropped out of the FTSE 250 and currently therefore reflects that fact rather than true fair value. As such Barclay’s as an example reduced fair value to 50p whilst maintaining its OVERWEIGHT rating
So, yes I get your point but I think in the case of Capita I consider the 50p ratings are realistic and achievable this year imo