Computacenter (LON:CCC) Sets New 1-Year High – What’s Next?
by Tristan Rich · The Markets DailyComputacenter plc (LON:CCC – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 3,110 and last traded at GBX 3,038, with a volume of 41810 shares. The stock had previously closed at GBX 3,044.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,200 target price on shares of Computacenter in a research note on Wednesday, September 10th. JPMorgan Chase & Co. upped their price target on Computacenter from GBX 3,000 to GBX 3,300 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 2,425 price objective on shares of Computacenter in a report on Tuesday, September 9th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,906.25.
Get Our Latest Report on Computacenter
Computacenter Trading Down 0.0%
The business has a 50 day simple moving average of GBX 2,925.13 and a 200-day simple moving average of GBX 2,604.31. The stock has a market capitalization of £3.19 billion, a price-to-earnings ratio of 20.77, a PEG 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.
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.