London: Computacenter PLC (LON:CCC) Stock Has Just Had Its “Buy” Rating Reiterated by Berenberg. Shares now Have a GBX 1850.00 Target

July 27, 2018 - By Billy Entrekin

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Computacenter PLC (LON:CCC) Rating Reaffirmed

In an analyst note released this morning, Berenberg reiterated their “Buy” rating on Computacenter PLC (LON:CCC) shares. The PT means a possible upside of 16.87 % from firm’s previous stock close.

Computacenter plc (LON:CCC) Ratings Coverage

Among 3 analysts covering Computacenter PLC (LON:CCC), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Computacenter PLC has GBX 1850 highest and GBX 1100 lowest target. GBX 1533.33’s average target is -3.02% below currents GBX 1581 stock price. Computacenter PLC had 4 analyst reports since May 21, 2018 according to SRatingsIntel. Barclays Capital downgraded it to “Underweight” rating and GBX 1100 target in Tuesday, July 10 report. Berenberg maintained the stock with “Buy” rating in Friday, July 27 report. The stock has “Outperform” rating by Credit Suisse on Monday, June 25. Berenberg maintained the shares of CCC in report on Monday, May 21 with “Buy” rating.

The stock increased 1.22% or GBX 19 during the last trading session, reaching GBX 1581. About 140,025 shares traded. Computacenter plc (LON:CCC) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Computacenter plc, through its subsidiaries, provides IT infrastructure services in the United Kingdom, Germany, France, and Belgium. The company has market cap of 1.78 billion GBP. The firm offers information security, and identity and access management solutions, as well as endpoint, infrastructure, and cyber security solutions; network solutions, such as local area and datacenter network, and physical infrastructure; and datacenter solutions, including enterprise computing, hybrid cloud, data and storage management, and analytics and big data. It has a 23.77 P/E ratio. It also provides workplace solutions comprising client computing, virtual desktop, enterprise mobility, and print; office and online, video and voice communication, messaging, and collaboration solutions; global and next generation service desk solutions; smart supply, supply chain, lifecycle management, and e-business services; change and consulting services; and managed, and support and maintenance services.

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