Computacenter (LON:CCC) Insider Kelly Kuhn Acquires 1,035 Shares

Computacenter plc (LON:CCC) insider Kelly Kuhn purchased 1,035 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was bought at an average cost of GBX 4,836 per share, for a total transaction of £50,052.60.

Computacenter Stock Up 0.7%

CCC stock opened at GBX 4,824.37 on Tuesday. Computacenter plc has a twelve month low of GBX 2,092 and a twelve month high of GBX 4,962. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 22.53. The firm has a market cap of £5.06 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 6.99 and a beta of 0.93. The business has a 50 day moving average of GBX 4,359.05 and a 200 day moving average of GBX 3,634.71.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CCC shares. Berenberg Bank upped their price target on shares of Computacenter from GBX 3,450 to GBX 5,300 and gave the stock a “buy” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. upgraded shares of Computacenter to an “overweight” rating and raised their price objective for the company from GBX 4,500 to GBX 5,000 in a research note on Friday, July 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,300 target price on shares of Computacenter in a report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 4,825.

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.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.