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

Computacenter (LON:CCC)‘s stock had its “hold” rating reiterated by Berenberg Bank in a research report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 2,425 ($31.53) price target on the stock. Berenberg Bank’s price target indicates a potential downside of 8.90% from the stock’s previous close.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,400 ($44.20) price target on shares of Computacenter in a report on Tuesday, December 17th.

Computacenter Trading Up 2.8 %

Shares of LON CCC opened at GBX 2,662 ($34.61) on Tuesday. Computacenter has a 1-year low of GBX 2,020 ($26.26) and a 1-year high of GBX 3,004 ($39.05). The business has a fifty day moving average price of GBX 2,209.22 and a 200 day moving average price of GBX 2,287.53. The stock has a market capitalization of £2.83 billion, a P/E ratio of 17.81, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95.

Computacenter (LON:CCC) last released its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.10) EPS for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. Equities research analysts expect that Computacenter will post 187.5 EPS 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.