Computacenter (LON:CCC) Receives “Buy” Rating from Jefferies Financial Group

Computacenter (LON:CCC)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued on Tuesday, Marketbeat Ratings reports. They currently have a GBX 3,400 ($42.75) target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 58.27% from the stock’s previous close.

Computacenter Stock Down 0.1 %

Shares of CCC stock opened at GBX 2,148.18 ($27.01) on Tuesday. The company’s fifty day simple moving average is GBX 2,271.83 and its two-hundred day simple moving average is GBX 2,547.76. Computacenter has a 52 week low of GBX 2,068 ($26.00) and a 52 week high of GBX 3,004 ($37.77). The stock has a market cap of £2.31 billion, a P/E ratio of 1,432.12, a PEG ratio of 6.99 and a beta of 0.71. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.40.

Insider Buying and Selling

In related news, insider Peter James Ogden sold 562,284 shares of the firm’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($29.07), for a total value of £13,000,006.08 ($16,343,985.52). 36.41% of the stock is owned by company insiders.

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.