UBS Group Reaffirms “Buy” Rating for Computacenter (LON:CCC)

Computacenter (LON:CCCGet Free Report)‘s stock had its “buy” rating reissued by equities research analysts at UBS Group in a report issued on Friday, Marketbeat Ratings reports. They currently have a GBX 3,700 price target on the stock. UBS Group’s price target would suggest a potential upside of 10.57% from the company’s previous close.

A number of other brokerages have also weighed in on CCC. JPMorgan Chase & Co. boosted their price target on Computacenter from GBX 3,300 to GBX 3,500 and gave the stock an “overweight” rating in a research note on Friday. Jefferies Financial Group lifted their target price on shares of Computacenter from GBX 3,300 to GBX 3,800 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 3,356.25.

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Computacenter Trading Down 0.6%

Shares of LON:CCC opened at GBX 3,346.36 on Friday. The business’s 50-day moving average is GBX 3,011.97 and its 200 day moving average is GBX 2,672.06. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95. Computacenter has a 1 year low of GBX 2,062 and a 1 year high of GBX 3,410. The firm has a market capitalization of £3.51 billion, a P/E ratio of 22.84, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter Company Profile

(Get Free Report)

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.

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