Computacenter’s (CCC) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Computacenter (LON:CCC) in a research report released on Tuesday morning, Marketbeat reports. The brokerage currently has a GBX 2,425 target price on the stock.

A number of other equities analysts have also weighed in on the stock. UBS Group restated a “buy” rating and set a GBX 2,700 target price on shares of Computacenter in a research report on Friday, September 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 3,200 target price on shares of Computacenter in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,775.

Computacenter Stock Performance

Shares of LON CCC opened at GBX 2,267.51 on Tuesday. The firm has a fifty day moving average price of GBX 2,300.60 and a 200-day moving average price of GBX 2,388.20. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95. The stock has a market cap of £2.38 billion, a PE ratio of 1,483.00, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. Computacenter has a 1 year low of GBX 2,020 and a 1 year high of GBX 2,666.20.

Computacenter (LON:CCC) last announced its quarterly earnings data on Tuesday, September 9th. The company reported GBX 52.80 earnings per share (EPS) for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. Equities analysts anticipate that Computacenter will post 187.5 earnings per share for the current fiscal year.

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.