Computacenter plc Price Target Cut to GBX 690 by Analysts at Jefferies Group (CCC)
Jefferies Group reduced their price objective on shares of Computacenter plc (LON:CCC) from GBX 720 ($12.23) to GBX 690 ($11.72) in a research note issued on Friday. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective points to a potential upside of 13.39% from the stock’s previous close.
A number of other analysts have also recently weighed in on CCC. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Computacenter plc in a research note on Thursday, July 17th. They now have a GBX 744 ($12.63) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Computacenter plc in a research note on Thursday, July 17th. They now have a GBX 737 ($12.51) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Computacenter plc in a research note on Thursday, July 17th. They now have a GBX 760 ($12.91) price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Computacenter plc currently has an average rating of “Hold” and a consensus price target of GBX 705.17 ($11.97).
Computacenter plc (LON:CCC) traded down 0.16% on Friday, hitting GBX 608.50. 33,309 shares of the company’s stock traded hands. Computacenter plc has a 1-year low of GBX 494.35 and a 1-year high of GBX 720.00. The stock’s 50-day moving average is GBX 621.7 and its 200-day moving average is GBX 643.1. The company’s market cap is £826.7 million.
Computacenter plc is a holding engaged in the supply, implementation, support and management of information technology infrastructure.
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