Computacenter (LON:CCC) Given New GBX 6,750 Price Target at Berenberg Bank

Computacenter (LON:CCC) had its target price upped by equities research analysts at Berenberg Bank from GBX 6,500 to GBX 6,750 in a research note issued on Tuesday, London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s target price points to a potential upside of 26.76% from the company’s previous close.

CCC has been the subject of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of Computacenter from GBX 5,000 to GBX 6,000 and gave the stock an “overweight” rating in a report on Monday, September 7th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,500 price target on shares of Computacenter in a report on Tuesday, September 8th. Four analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 5,737.50.

Computacenter Trading Up 2.6%

CCC stock opened at GBX 5,325 on Tuesday. The company has a debt-to-equity ratio of 20.49, a current ratio of 1.10 and a quick ratio of 0.94. The company has a fifty day moving average price of GBX 5,293.04 and a two-hundred day moving average price of GBX 4,130.92. Computacenter has a one year low of GBX 2,656 and a one year high of GBX 6,045. The stock has a market cap of £5.59 billion, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 6.99 and a beta of 0.95.

Computacenter (LON:CCC) last issued its quarterly earnings data on Tuesday, September 8th. The company reported GBX 103 earnings per share for the quarter. Computacenter had a net margin of 1.70% and a return on equity of 21.78%. Equities analysts anticipate that Computacenter will post 187.50 EPS for the current year.

Insider Buying and Selling

In other Computacenter news, insider Keith Mortimer sold 181 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 4,608, for a total value of £8,340.48. 43.80% of the stock is currently owned by corporate insiders.

About Computacenter

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.