Computacenter plc (LON:CCC – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,269.92 and traded as high as GBX 4,492. Computacenter shares last traded at GBX 4,376.56, with a volume of 130,027 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on CCC shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 4,400 price target on shares of Computacenter in a report on Thursday, May 28th. JPMorgan Chase & Co. lifted their price target on shares of Computacenter from GBX 4,000 to GBX 4,500 and gave the company an “overweight” rating in a report on Friday, May 29th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 3,450 price target on shares of Computacenter in a report on Monday, March 16th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 4,012.50.
View Our Latest Stock Analysis on Computacenter
Computacenter Trading Down 1.8%
Computacenter (LON:CCC – Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported GBX 176.30 EPS for the quarter. Computacenter had a net margin of 1.79% and a return on equity of 14.84%. On average, equities analysts predict that Computacenter plc will post 187.5 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Keith Mortimer purchased 203 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of GBX 1,772 per share, for a total transaction of £3,597.16. Company insiders own 43.80% of the company’s stock.
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.
Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.
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