Computacenter plc (LON:CCC) was upgraded by stock analysts at Berenberg Bank to a “buy” rating in a note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a GBX 1,250 ($16.44) target price on the stock, up from their prior target price of GBX 1,200 ($15.78). Berenberg Bank’s price target indicates a potential upside of 12.21% from the company’s previous close.

A number of other analysts have also issued reports on CCC. Barclays PLC restated an “overweight” rating and issued a GBX 1,030 ($13.55) target price on shares of Computacenter plc in a report on Tuesday, August 29th. Credit Suisse Group increased their target price on Computacenter plc from GBX 1,000 ($13.15) to GBX 1,200 ($15.78) and gave the company an “outperform” rating in a report on Friday, October 27th. Five research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,054 ($13.86).

Shares of Computacenter plc (CCC) traded down GBX 10 ($0.13) during trading on Monday, hitting GBX 1,115 ($14.67). 120,676 shares of the company traded hands, compared to its average volume of 113,615. Computacenter plc has a 52 week low of GBX 708.73 ($9.32) and a 52 week high of GBX 1,094 ($14.39).

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Computacenter plc Company Profile

Computacenter plc is a provider of information technology (IT) infrastructure services. The Company’s segments include UK, Germany, France and Belgium. The Company advises organizations on IT strategy, implement technology and manages its customers’ infrastructures. It provides user support, devices and secures provision of applications and data to support individual working styles.

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