Computacenter (LON:CCC) Given “Buy” Rating at Jefferies Financial Group

Computacenter (LON:CCCGet Free Report)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a research report issued on Thursday,Digital Look reports. They currently have a GBX 4,400 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 1.52% from the stock’s previous close.

A number of other analysts have also weighed in on CCC. JPMorgan Chase & Co. upped their target price on shares of Computacenter from GBX 3,500 to GBX 4,000 and gave the stock an “overweight” rating in a report on Monday, April 27th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 3,450 target price on shares of Computacenter in a report on Monday, March 16th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,887.50.

Check Out Our Latest Research Report on Computacenter

Computacenter Stock Performance

Computacenter stock opened at GBX 4,334 on Thursday. The firm’s 50 day simple moving average is GBX 3,470.57 and its 200 day simple moving average is GBX 3,192.99. The company has a current ratio of 1.17, a quick ratio of 0.95 and a debt-to-equity ratio of 22.53. The firm has a market capitalization of £4.55 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 6.99 and a beta of 0.90. Computacenter has a 1-year low of GBX 2,092 and a 1-year high of GBX 4,336.

Computacenter (LON:CCCGet Free Report) last posted its earnings results on Thursday, March 12th. The company reported GBX 176.30 earnings per share for the quarter. Computacenter had a net margin of 1.79% and a return on equity of 14.84%. As a group, analysts expect that Computacenter will post 187.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Keith Mortimer purchased 203 shares of the business’s stock in a transaction on Friday, May 8th. The stock was acquired at an average price of GBX 1,772 per share, with a total value of £3,597.16. 36.63% of the stock is currently owned by corporate insiders.

About Computacenter

(Get Free Report)

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.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.

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