Computacenter (LON:CCC) Price Target Raised to GBX 6,000 at JPMorgan Chase & Co.

Computacenter (LON:CCC) had its price objective upped by analysts at JPMorgan Chase & Co. from GBX 5,000 to GBX 6,000 in a report issued on Monday, London Stock Exchange reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 7.00% from the company’s current price.

CCC has been the topic of several other reports. Berenberg Bank increased their price objective on shares of Computacenter from GBX 3,450 to GBX 5,300 and gave the company a “buy” rating in a research report on Monday, July 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,300 target price on shares of Computacenter in a report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Computacenter currently has a consensus rating of “Buy” and an average price target of GBX 5,075.

Computacenter Price Performance

Shares of LON:CCC opened at GBX 5,607.50 on Monday. The business has a fifty day moving average price of GBX 4,833.13 and a 200-day moving average price of GBX 4,022.68. The company has a debt-to-equity ratio of 22.53, a current ratio of 1.17 and a quick ratio of 0.94. The company has a market capitalization of £5.89 billion, a PE ratio of 38.54, a PEG ratio of 6.99 and a beta of 0.93. Computacenter has a 1-year low of GBX 2,242 and a 1-year high of GBX 5,685.

Insiders Place Their Bets

In other Computacenter news, insider Kelly Kuhn acquired 1,035 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were bought at an average cost of GBX 4,836 per share, with a total value of £50,052.60. Also, insider Keith Mortimer sold 181 shares of Computacenter stock in a transaction dated Friday, July 31st. The stock was sold at an average price of GBX 4,608, for a total value of £8,340.48. 43.80% of the stock is currently 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.

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