Computacenter (LON:CCC – Get Free Report) had its target price hoisted by investment analysts at Berenberg Bank from GBX 3,450 to GBX 5,300 in a report issued on Monday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 8.92% from the stock’s previous close.
Several other brokerages have also recently weighed in on CCC. Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,300 price target on shares of Computacenter in a research note on Thursday, July 9th. JPMorgan Chase & Co. upgraded Computacenter to an “overweight” rating and upped their target price for the company from GBX 4,500 to GBX 5,000 in a report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 4,825.
Check Out Our Latest Stock Analysis on Computacenter
Computacenter Stock Up 0.7%
Insider Buying and Selling
In other Computacenter news, insider Keith Mortimer sold 283 shares of the company’s stock in a transaction on Thursday, July 16th. The shares were sold at an average price of GBX 4,550, for a total transaction of £12,876.50. Company insiders own 43.80% of the company’s stock.
Computacenter Company Profile
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.
Further Reading
- Five stocks we like better than Computacenter
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Receive News & Ratings for Computacenter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computacenter and related companies with MarketBeat.com's FREE daily email newsletter.
