Computacenter (LON:CCC) had its price objective dropped by research analysts at UBS Group from GBX 1,285 ($16.79) to GBX 1,080 ($14.11) in a research report issued on Friday, investing.thisismoney.co.uk reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential upside of 5.88% from the stock’s previous close.

A number of other research analysts have also issued reports on CCC. Barclays reiterated an “underweight” rating on shares of Computacenter in a research report on Tuesday, October 9th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,850 ($24.17) price target on shares of Computacenter in a research report on Tuesday, October 30th.

Shares of CCC stock opened at GBX 1,020 ($13.33) on Friday. Computacenter has a 1 year low of GBX 708.73 ($9.26) and a 1 year high of GBX 1,206 ($15.76).

In other news, insider Greg Lock acquired 57,000 shares of the company’s stock in a transaction dated Monday, November 12th. The shares were bought at an average price of GBX 1,168 ($15.26) per share, with a total value of £665,760 ($869,933.36). Also, insider Raymond Gray acquired 1,800 shares of the company’s stock in a transaction dated Wednesday, October 31st. The stock was purchased at an average cost of GBX 1,081 ($14.13) per share, for a total transaction of £19,458 ($25,425.32).

About Computacenter

Computacenter plc, through its subsidiaries, provides information technology (IT) infrastructure services in the United Kingdom, Germany, France, and Belgium. The company offers information security, and identity and access management solutions, as well as endpoint, infrastructure, and cyber security solutions; network solutions, including local area and datacenter network, and physical infrastructure; and datacenter solutions, such as enterprise computing, hybrid cloud, data and storage management, and analytics and big data.

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