Computacenter plc Receives Underweight Rating from Barclays (CCC)
Computacenter plc (LON:CCC)‘s stock had its “underweight” rating restated by analysts at Barclays in a research report issued to clients and investors on Tuesday. They currently have a GBX 600 ($10.29) target price on the stock. Barclays’ target price indicates a potential downside of 3.30% from the stock’s previous close.
Computacenter plc (LON:CCC) traded down 4.39% on Tuesday, hitting GBX 620.50. The stock had a trading volume of 116,626 shares. Computacenter plc has a one year low of GBX 465.00 and a one year high of GBX 720.00. The stock has a 50-day moving average of GBX 617.3 and a 200-day moving average of GBX 645.1. The company’s market cap is £843.0 million.
Separately, analysts at Investec reiterated a “buy” rating on shares of Computacenter plc in a research note on Thursday, April 24th. They now have a GBX 760 ($13.04) price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 709.50 ($12.17).
Computacenter plc is a holding engaged in the supply, implementation, support and management of information technology infrastructure.
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