Computacenter’s (CCC) Buy Rating Reiterated at Jefferies Financial Group

Posted by Doug Madison on Dec 20th, 2024

Jefferies Financial Group reissued their buy rating on shares of Computacenter (LON:CCC – Free Report) in a report released on Tuesday, MarketBeat reports. The brokerage currently has a GBX 3,400 ($42.49) price target on the stock.

Computacenter Stock Down 1.4 %

Shares of LON CCC opened at GBX 2,114 ($26.42) on Tuesday. The company has a debt-to-equity ratio of 12.40, a quick ratio of 0.95 and a current ratio of 1.31. Computacenter has a 1 year low of GBX 2,068 ($25.85) and a 1 year high of GBX 3,004 ($37.55). The stock’s 50-day simple moving average is GBX 2,265.23 and its 200-day simple moving average is GBX 2,543.25. The firm has a market cap of £2.27 billion, a price-to-earnings ratio of 1,409.33, a PEG ratio of 6.99 and a beta of 0.71.

Insider Buying and Selling at Computacenter

In other news, insider Peter James Ogden sold 562,284 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($28.90), for a total transaction of £13,000,006.08 ($16,247,976.60). 36.41% of the stock is currently owned by corporate insiders.

Computacenter Company Profile

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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.