Jefferies Financial Group Reaffirms Buy Rating for Computacenter (LON:CCC)

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

Computacenter Trading Down 0.1 %

LON:CCC opened at GBX 2,148.18 ($27.01) on Tuesday. Computacenter has a one year low of GBX 2,068 ($26.00) and a one year high of GBX 3,004 ($37.77). The business has a fifty day moving average price of GBX 2,271.83 and a 200-day moving average price of GBX 2,547.76. The firm has a market capitalization of £2.31 billion, a price-to-earnings ratio of 1,432.12, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.31 and a quick ratio of 0.95.

Insiders Place Their Bets

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

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.