Computacenter (LON:CCC) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Computacenter plc (LON:CCCGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,705.47 and traded as high as GBX 3,344. Computacenter shares last traded at GBX 3,326.91, with a volume of 168,888 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. UBS Group restated a “buy” rating and set a GBX 3,700 price objective on shares of Computacenter in a research report on Friday, January 23rd. JPMorgan Chase & Co. lifted their price objective on Computacenter from GBX 3,300 to GBX 3,500 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group increased their target price on Computacenter from GBX 3,300 to GBX 3,800 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,356.25.

Check Out Our Latest Stock Report on CCC

Computacenter Stock Performance

The company has a market capitalization of £3.49 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 6.99 and a beta of 0.71. The stock has a fifty day moving average price of GBX 3,057.41 and a two-hundred day moving average price of GBX 2,708.43. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47.

Computacenter Company Profile

(Get Free Report)

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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