Capita’s fundamentals are strong and its Surperformance ratings put forward its sales growth and profitability level. In facts, analysts expect revenues to keep growing in the coming years. By 2016, sales should reach GBP 5 billion, +30% compared to 2013. Moreover, the company is expect to improve its profitability, net margin should rise to an interesting 8% over the same period. Furthermore, the activity's good dynamic is underlined by constant upward revisions of both revenue and EPS from Thomson Reuters analysts.

From a technical viewpoint, stopped in its bullish trend in early March, the share suffered from a correction phase. But since, the stock has rebounded when it reached it 100 days moving average, drawing a double bottom that launched the share back on its bullish trend. Thus, the resuming of this rising trend will be confirmed when crossing the GBp 1126 level.

Therefore, a long position could be taken above this level aiming at GBp 1190, corresponding to the superior ascending trendline. Nonetheless, a stop loss will be placed under the entry point in case of failure of the bullish overflow.