Computacenter (LON:CCC) Price Target Raised to GBX 3,300

Computacenter (LON:CCC) had its price objective lifted by JPMorgan Chase & Co. from GBX 3,000 to GBX 3,300 in a research note released on Thursday, MarketBeat reports. The firm currently has an overweight rating on the stock.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,200 price objective on shares of Computacenter in a report on Wednesday, September 10th. UBS Group reiterated a “buy” rating and issued a GBX 2,700 price objective on shares of Computacenter in a research report on Friday, September 5th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 2,425 target price on shares of Computacenter in a research report on Tuesday, September 9th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Computacenter presently has an average rating of “Moderate Buy” and an average price target of GBX 2,906.25.

Computacenter Trading Down 0.7%

CCC opened at GBX 3,034 on Thursday. Computacenter has a 1-year low of GBX 2,020 and a 1-year high of GBX 3,098. The stock has a market capitalization of £3.18 billion, a PE ratio of 20.71, a PEG ratio of 6.99 and a beta of 0.71. The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.47. The firm has a 50-day moving average price of GBX 2,808.34 and a two-hundred day moving average price of GBX 2,542.53.

Computacenter (LON:CCC) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 52.80 EPS for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. As a group, equities analysts anticipate that Computacenter will post 187.5 earnings per share for the current fiscal year.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.