Computacenter (LON:CCC) Reaches New 1-Year High - What's Next?

Computacenter plc (LON:CCC - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 2,774 ($37.26) and last traded at GBX 2,756.40 ($37.02), with a volume of 1432 shares traded. The stock had previously closed at GBX 2,752 ($36.96).

Analyst Ratings Changes

CCC has been the subject of several research analyst reports. UBS Group reiterated a "buy" rating and issued a GBX 2,700 price objective on shares of Computacenter in a research report on Friday, September 5th. Berenberg Bank reiterated a "hold" rating and issued a GBX 2,425 price target on shares of Computacenter in a report on Tuesday, September 9th. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 3,200 price objective on shares of Computacenter in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 2,775.

Computacenter Stock Up 0.8%

The stock's fifty day moving average price is GBX 2,383.78 and its 200-day moving average price is GBX 2,412.04. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47. The company has a market capitalization of £2.91 billion, a price-to-earnings ratio of 1,893.52, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter (LON:CCC - Get Free Report) last released its earnings results on Tuesday, September 9th. The company reported GBX 52.80 earnings per share for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. On average, sell-side analysts predict that Computacenter plc will post 187.5 earnings per share for the current fiscal year.

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.

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