Computacenter (LON:CCC) Given “Hold” Rating at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Computacenter (LON:CCC) in a report published on Tuesday, MarketBeat.com reports. They currently have a GBX 2,425 ($31.44) price objective on the stock.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,400 ($44.09) price objective on shares of Computacenter in a report on Tuesday, December 17th.

Computacenter Stock Performance

Shares of LON CCC opened at GBX 2,624 ($34.02) on Tuesday. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95. The stock’s fifty day moving average price is GBX 2,232.15 and its two-hundred day moving average price is GBX 2,286.03. Computacenter has a one year low of GBX 2,020 ($26.19) and a one year high of GBX 3,004 ($38.95). The firm has a market cap of £2.79 billion, a price-to-earnings ratio of 17.56, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter (LON:CCC) last issued its quarterly earnings data on Wednesday, March 19th. The company reported GBX 161.50 ($2.09) EPS for the quarter. Computacenter had a return on equity of 17.61% and a net margin of 2.64%. On average, equities analysts forecast that Computacenter will post 187.5 EPS for the current year.

Computacenter Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, June 5th will be issued a dividend of GBX 474 ($6.15) per share. This is a positive change from Computacenter’s previous dividend of $23.30. This represents a dividend yield of 1.83%. The ex-dividend date is Thursday, June 5th. Computacenter’s dividend payout ratio is 47.51%.

About Computacenter

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.