Computacenter Stock Rating Reaffirmed by JPMorgan Chase & Co. (CCC)
Computacenter (LON:CCC)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, Analyst Ratings News reports. They currently have a GBX 556 ($9.16) price objective on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 16.14% from the stock’s previous close.
CCC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon downgraded shares of Computacenter to a “hold” rating in a research note to investors on Thursday. They now have a GBX 698 ($11.50) price target on the stock, up previously from GBX 668 ($11.01). Separately, analysts at Investec raised their price target on shares of Computacenter from GBX 630 ($10.38) to GBX 760 ($12.52) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 624.64 ($10.29).
Computacenter (LON:CCC) traded down 1.78% on Friday, hitting GBX 663.00. 32,791 shares of the company’s stock traded hands. Computacenter has a 52 week low of GBX 409.00 and a 52 week high of GBX 675.00. The stock has a 50-day moving average of GBX 646.8 and a 200-day moving average of GBX 564.6. The company’s market cap is £892.1 million.
Computacenter plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the supply, implementation, support and management of information technology systems.
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