Computacenter (LON:CCC) Price Target Raised to GBX 3,500

Computacenter (LON:CCC) had its price target hoisted by investment analysts at JPMorgan Chase & Co. from GBX 3,300 to GBX 3,500 in a note issued to investors on Friday, Marketbeat reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 4.48% from the stock’s current price.

Separately, Jefferies Financial Group lifted their price target on shares of Computacenter from GBX 3,300 to GBX 3,800 and gave the company a “buy” rating in a report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,106.25.

Computacenter Stock Performance

Computacenter stock opened at GBX 3,350 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47. The stock has a market cap of £3.51 billion, a PE ratio of 22.87, a P/E/G ratio of 6.99 and a beta of 0.71. Computacenter has a 12-month low of GBX 2,062 and a 12-month high of GBX 3,410. The business’s 50-day moving average price is GBX 3,001.76 and its two-hundred day moving average price is GBX 2,662.17.

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.