Jefferies Financial Group Reiterates “Buy” Rating for Computacenter (LON:CCC)
by Mitch Edgeman · The Markets DailyComputacenter (LON:CCC – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Financial Group in a note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 6,500 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 23.46% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. Berenberg Bank increased 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. lifted their price objective on Computacenter from GBX 5,000 to GBX 6,000 and gave the company an “overweight” rating in a research report on Monday. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Computacenter currently has an average rating of “Buy” and an average target price of GBX 5,375.
Read Our Latest Research Report on CCC
Computacenter Stock Down 6.0%
Shares of Computacenter stock opened at GBX 5,265 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 22.53. Computacenter has a 12-month low of GBX 2,242 and a 12-month high of GBX 6,045. The company has a market cap of £5.53 billion, a P/E ratio of 36.19, a PEG ratio of 6.99 and a beta of 0.95. The company’s fifty day simple moving average is GBX 4,859.65 and its two-hundred day simple moving average is GBX 4,041.23.
Computacenter (LON:CCC – Get Free Report) last posted its earnings results on Tuesday, September 8th. The company reported GBX 103 EPS for the quarter. Computacenter had a net margin of 1.79% and a return on equity of 14.84%. Research analysts anticipate that Computacenter will post 187.5 EPS for the current year.
Insider Buying and Selling at Computacenter
In other news, insider Kelly Kuhn bought 1,035 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was bought at an average price of GBX 4,836 per share, with a total value of £50,052.60. Also, insider Keith Mortimer sold 181 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 4,608, for a total value of £8,340.48. 43.80% of the stock is owned by company insiders.
Computacenter News Roundup
Here are the key news stories impacting Computacenter this week:
- Positive Sentiment: First-half revenue increased 71.6%, while the company said strong demand helped drive a substantial improvement in earnings and the bottom line. Management raised its outlook for 2026 adjusted pre-tax profit, signaling greater confidence in future trading. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
- Positive Sentiment: The strong H1 performance was described as being driven by robust customer demand. Computacenter also reported quarterly earnings per share of GBX 103, with return on equity of 14.84%. Computacenter H1 Results Surge on Strong Demand
- Positive Sentiment: JPMorgan raised its price target for CCC from GBX 5,000 to GBX 6,000 and maintained an “overweight” rating. The higher target provides a positive valuation signal and suggests further potential upside based on the bank’s assessment of the company’s earnings momentum.
- Neutral Sentiment: Computacenter’s shares have benefited from both the earnings upgrade and favorable broker sentiment, but the stock already trades well above its 50-day and 200-day moving averages. With a P/E ratio of approximately 36, investors may expect continued strong execution, leaving the shares sensitive to any slowdown in growth or disappointment in future guidance.
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.
Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.
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