Berenberg Bank Reaffirms “Hold” Rating for Computacenter (LON:CCC)

Computacenter (LON:CCC)‘s stock had its “hold” rating reiterated by stock analysts at Berenberg Bank in a note issued to investors on Tuesday, Marketbeat reports. They currently have a GBX 2,425 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 4.53% from the company’s previous close.

A number of other equities research analysts also recently commented on CCC. UBS Group reissued a “buy” rating and issued a GBX 2,700 price objective on shares of Computacenter in a research report on Friday, September 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,200 price objective on shares of Computacenter in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,775.

Computacenter Trading Down 3.9%

Shares of LON:CCC opened at GBX 2,320 on Tuesday. Computacenter has a 52 week low of GBX 2,020 and a 52 week high of GBX 2,666.20. The company’s 50 day moving average is GBX 2,301.17 and its two-hundred day moving average is GBX 2,387.75. The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.47. The company has a market cap of £2.43 billion, a PE ratio of 1,517.33, a P/E/G ratio of 6.99 and a beta of 0.71.

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