Computacenter plc’s “Buy” Rating Reiterated at Investec (CCC)
Computacenter plc (LON:CCC)‘s stock had its “buy” rating reiterated by analysts at Investec in a research report issued to clients and investors on Friday. They currently have a GBX 760 ($12.58) price target on the stock. Investec’s price target points to a potential upside of 23.48% from the company’s current price.
Shares of Computacenter plc (LON:CCC) opened at 613.50 on Friday. Computacenter plc has a 52-week low of GBX 498.00 and a 52-week high of GBX 720.00. The stock has a 50-day moving average of GBX 618.4 and a 200-day moving average of GBX 638.. The company’s market cap is £833.5 million.
A number of other analysts have also recently weighed in on CCC. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Computacenter plc in a research note on Tuesday. They now have a GBX 695 ($11.50) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Computacenter plc from GBX 720 ($11.91) to GBX 690 ($11.42) in a research note on Friday, August 1st. They now have a “hold” rating on the stock. Finally, 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 ($12.31) price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 698.17 ($11.55).
Computacenter plc is a holding engaged in the supply, implementation, support and management of information technology infrastructure.
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