Berenberg Bank Reiterates Hold Rating for Computacenter (LON:CCC)

Computacenter (LON:CCC)‘s stock had its “hold” rating restated by analysts at Berenberg Bank in a report released on Tuesday, MarketBeat.com reports. They presently have a GBX 2,425 ($31.55) price target on the stock. Berenberg Bank’s price objective would indicate a potential downside of 7.93% from the stock’s current price.

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,400 ($44.23) price target on shares of Computacenter in a report on Tuesday, December 17th.

Computacenter Price Performance

Shares of Computacenter stock opened at GBX 2,634 ($34.27) on Tuesday. The company has a fifty day moving average of GBX 2,220.39 and a 200-day moving average of GBX 2,286.78. Computacenter has a 52-week low of GBX 2,020 ($26.28) and a 52-week high of GBX 3,004 ($39.08). The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31. The stock has a market capitalization of £2.80 billion, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71.

Computacenter (LON:CCC) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.10) EPS for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. Equities research analysts expect that Computacenter will post 187.5 EPS for the current year.

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.