Computacenter (LON:CCC) Given “Buy” Rating at UBS Group

UBS Group reissued their buy rating on shares of Computacenter (LON:CCC) in a report issued on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also recently commented on CCC. Barclays raised Computacenter to an equal weight rating and increased their price target for the company from GBX 1,025 ($13.39) to GBX 1,260 ($16.46) in a report on Monday, July 8th. Berenberg Bank reaffirmed a buy rating and issued a GBX 1,400 ($18.29) price target on shares of Computacenter in a report on Tuesday, April 30th.

Shares of LON:CCC traded down GBX 19 ($0.25) during midday trading on Thursday, hitting GBX 1,481 ($19.35). The company had a trading volume of 262,548 shares, compared to its average volume of 266,969. Computacenter has a twelve month low of GBX 936 ($12.23) and a twelve month high of GBX 1,582 ($20.67). The company has a current ratio of 1.23, a quick ratio of 1.10 and a debt-to-equity ratio of 31.97. The stock has a market capitalization of $1.69 billion and a PE ratio of 21.13. The firm’s 50-day moving average is GBX 1,331.28.

Computacenter Company Profile

Computacenter plc provides information technology (IT) infrastructure services in the United Kingdom, Germany, France, and internationally. The company offers endpoint, infrastructure, cyber security, information security management, and identity and access management solutions; network solutions, including local area and datacenter network, smart infrastructure, and audio-visual solutions; and datacenter solutions, such as enterprise computing, hybrid cloud, data and storage management, and analytics and big data.

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