Computacenter’s (CCC) “Hold” Rating Reiterated at Berenberg Bank

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

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

Computacenter Stock Down 0.4 %

LON:CCC opened at GBX 2,624 ($34.02) on Tuesday. The firm has a market capitalization of £2.79 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. Computacenter has a twelve month low of GBX 2,020 ($26.19) and a twelve month high of GBX 3,004 ($38.95). The stock’s 50 day moving average price is GBX 2,232.15 and its two-hundred day moving average price is GBX 2,286.03. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47.

Computacenter (LON:CCC) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.09) earnings per share for the quarter. Computacenter had a return on equity of 17.61% and a net margin of 2.64%. Equities research analysts expect that Computacenter will post 187.5 earnings per share for the current fiscal year.

Computacenter Increases Dividend

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