Computacenter (LON:CCC) PT Lowered to GBX 3,050

Computacenter (LON:CCC) had its price target reduced by research analysts at JPMorgan Chase & Co. from GBX 3,300 ($42.68) to GBX 3,050 ($39.45) in a report released on Monday, LSE.Co.UK reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 14.66% from the company’s current price.

Computacenter Stock Performance

Computacenter stock remained flat at GBX 2,660 ($34.40) during mid-day trading on Monday. 428,928 shares of the company’s stock were exchanged, compared to its average volume of 176,235. The company has a market capitalization of £3.04 billion, a price-to-earnings ratio of 1,543.35, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The firm’s fifty day moving average is GBX 2,828.44 and its 200 day moving average is GBX 2,788.25. The company has a current ratio of 1.26, a quick ratio of 0.95 and a debt-to-equity ratio of 13.44. Computacenter has a 1 year low of GBX 1,994.30 ($25.79) and a 1 year high of GBX 3,004 ($38.85).

Computacenter Company Profile

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.