UBS Group Reiterates “Neutral” Rating for Computacenter (CCC)
Computacenter (LON:CCC)‘s stock had its “neutral” rating restated by equities researchers at UBS Group in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also recently commented on the company. Credit Suisse Group decreased their price target on Computacenter from GBX 1,427 ($18.65) to GBX 1,300 ($16.99) and set an “outperform” rating on the stock in a research report on Wednesday, March 13th. Barclays cut their price target on Computacenter from GBX 1,000 ($13.07) to GBX 940 ($12.28) and set an “underweight” rating on the stock in a research note on Wednesday, January 9th. Finally, Berenberg Bank cut their price objective on Computacenter from GBX 1,600 ($20.91) to GBX 1,400 ($18.29) and set a “buy” rating on the stock in a research note on Monday, March 25th.
CCC opened at GBX 1,070 ($13.98) on Tuesday. The company has a current ratio of 1.23, a quick ratio of 1.10 and a debt-to-equity ratio of 31.97. The firm has a market capitalization of $1.21 billion and a P/E ratio of 15.26. Computacenter has a 1-year low of GBX 936 ($12.23) and a 1-year high of GBX 1,632 ($21.32).
Computacenter Company Profile
Computacenter plc, through its subsidiaries, provides information technology (IT) infrastructure services in the United Kingdom, Germany, France, and Belgium. The company offers information security, and identity and access management solutions, as well as endpoint, infrastructure, and cyber security solutions; network solutions, including local area and datacenter network, and physical infrastructure; and datacenter solutions, such as enterprise computing, hybrid cloud, data and storage management, and analytics and big data.
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