Computacenter’s (CCC) “Buy” Rating Reiterated at Jefferies Financial Group

Computacenter (LON:CCCGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a GBX 5,300 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 17.71% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 3,450 price target on shares of Computacenter in a research note on Monday, March 16th. JPMorgan Chase & Co. lifted their price objective on Computacenter from GBX 4,000 to GBX 4,500 and gave the company an “overweight” rating in a research report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 4,237.50.

View Our Latest Analysis on CCC

Computacenter Stock Up 8.9%

LON:CCC opened at GBX 4,502.45 on Thursday. The business’s fifty day moving average price is GBX 4,165.04 and its 200 day moving average price is GBX 3,478.26. The firm has a market capitalization of £4.73 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 6.99 and a beta of 0.93. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 22.53. Computacenter has a 1-year low of GBX 2,092 and a 1-year high of GBX 4,702.

Insider Transactions at Computacenter

In other Computacenter news, insider Keith Mortimer bought 203 shares of Computacenter stock in a transaction on Friday, May 8th. The stock was purchased at an average cost of GBX 1,772 per share, for a total transaction of £3,597.16. 43.80% of the stock is owned by company insiders.

Computacenter Company Profile

(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.

Further Reading

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