Computacenter (LON:CCC) Price Target Raised to GBX 3,300 at JPMorgan Chase & Co.

Computacenter (LON:CCC) had its target price boosted by JPMorgan Chase & Co. from GBX 3,000 to GBX 3,300 in a research note issued to investors on Thursday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Several other equities analysts also recently issued reports on CCC. UBS Group reaffirmed a “buy” rating and set a GBX 2,700 price target on shares of Computacenter in a research note on Friday, September 5th. Berenberg Bank restated a “hold” rating and issued a GBX 2,425 price objective on shares of Computacenter in a report on Tuesday, September 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,200 target price on shares of Computacenter in a research report on Wednesday, September 10th. Three 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 stock has an average rating of “Moderate Buy” and an average price target of GBX 2,906.25.

Computacenter Stock Performance

Shares of CCC stock opened at GBX 3,056 on Thursday. The firm has a market capitalization of £3.21 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 6.99 and a beta of 0.71. 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 business’s 50-day moving average price is GBX 2,799.94 and its 200-day moving average price is GBX 2,539.18. Computacenter has a 12 month low of GBX 2,020 and a 12 month high of GBX 3,098.

Computacenter (LON:CCC) last issued 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 research analysts forecast 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.