Computacenter (LON:CCC) Earns Buy Rating from Jefferies Financial Group

Computacenter (LON:CCC)‘s stock had its “buy” rating restated by Jefferies Financial Group in a note issued to investors on Wednesday, MarketBeat.com reports. They presently have a GBX 3,200 target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 41.12% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. UBS Group reaffirmed a “buy” rating and set a GBX 2,700 target price on shares of Computacenter in a research note on Friday, September 5th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 2,248 target price on shares of Computacenter in a research note on Monday, July 28th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,775.

Computacenter Price Performance

CCC stock opened at GBX 2,267.51 on Wednesday. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31. Computacenter has a 52 week low of GBX 2,020 and a 52 week high of GBX 2,666.20. The firm’s fifty day moving average is GBX 2,300.60 and its 200 day moving average is GBX 2,388.20. The firm has a market cap of £2.38 billion, a P/E ratio of 1,483.00, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter (LON:CCC) last announced its quarterly earnings results 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%. Research analysts predict that Computacenter will post 187.5 earnings per share for the current 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.