Broker initiates coverage of Capita with a 'buy' call Proactive uses images sourced from Shutterstock Capita PLC (LSE:CPI) received a boost after Shore Capital Markets initiated coverage of the UK outsourcing group with a Buy rating, arguing that the company’s turnaround plan could support a return to positive free cash flow and higher margins. The broker set a fair value estimate of £5.30 a share, above the current price of 389p, and said the market was not yet pricing in the group’s full recovery potent ...