Computacenter (LON:CCC) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Computacenter (LON:CCC) in a research report released on Tuesday, Marketbeat Ratings reports. They currently have a GBX 3,400 ($42.49) target price on the stock.

Computacenter Trading Down 1.4 %

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

Insiders Place Their Bets

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

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.