Key Points
- Insider purchase: Keith Mortimer bought 203 shares of Computacenter on May 8 at GBX 1,772 each, totaling about £3,597.
- Stock performance and valuation: Computacenter shares were down 1.8% and opened at GBX 3,876, near their 12-month high of GBX 4,028. The company has a market value of about £4.07 billion.
- Analyst sentiment remains positive: Analysts broadly rate the stock a Moderate Buy, with a consensus price target of GBX 3,712.50. Recent targets from Jefferies, JPMorgan, and UBS are all in the GBX 3,700 to GBX 4,000 range.
Computacenter plc (LON:CCC - Get Free Report) insider Keith Mortimer acquired 203 shares of the firm's stock in a transaction on Friday, May 8th. The stock was bought at an average price of GBX 1,772 per share, with a total value of £3,597.16.
Computacenter Stock Down 1.8%
Shares of LON CCC opened at GBX 3,876 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.95 and a debt-to-equity ratio of 22.53. Computacenter plc has a 12 month low of GBX 2,092 and a 12 month high of GBX 4,028. The firm has a market capitalization of £4.07 billion, a PE ratio of 26.64, a price-to-earnings-growth ratio of 6.99 and a beta of 0.90. The firm has a fifty day simple moving average of GBX 3,208.25 and a two-hundred day simple moving average of GBX 3,066.27.
Computacenter (LON:CCC - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX 176.30 EPS for the quarter. Computacenter had a net margin of 1.79% and a return on equity of 14.84%. Equities analysts expect that Computacenter plc will post 187.5 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on CCC shares. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 3,700 price objective on shares of Computacenter in a report on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on Computacenter from GBX 3,500 to GBX 4,000 and gave the company an "overweight" rating in a research report on Monday, April 27th. Berenberg Bank reiterated a "hold" rating and issued a GBX 3,450 price target on shares of Computacenter in a research note on Monday, March 16th. Finally, UBS Group reissued a "buy" rating and set a GBX 3,700 price target on shares of Computacenter in a research report on Friday, January 23rd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 3,712.50.
Get Our Latest Analysis on Computacenter
About Computacenter
(
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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