Computacenter plc (CCC) Receives “Equal weight” Rating from Barclays PLC

Barclays PLC reiterated their equal weight rating on shares of Computacenter plc (LON:CCC) in a research report report published on Tuesday. Barclays PLC currently has a GBX 750 ($9.12) price target on the stock.

Several other research firms have also issued reports on CCC. Credit Suisse Group restated an outperform rating and set a GBX 1,000 ($12.16) price target on shares of Computacenter plc in a research report on Monday. Peel Hunt reaffirmed a buy rating and set a GBX 950 ($11.55) price objective on shares of Computacenter plc in a research note on Thursday, November 10th. Finally, Berenberg Bank assumed coverage on shares of Computacenter plc in a research note on Thursday, September 29th. They set a hold rating and a GBX 750 ($9.12) price objective for the company. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 868.67 ($10.56).

Analyst Recommendations for Computacenter plc (LON:CCC)

Shares of Computacenter plc (LON:CCC) traded down 0.44% during mid-day trading on Tuesday, hitting GBX 796.50. The stock had a trading volume of 75,020 shares. The firm’s market capitalization is GBX 960.71 million. The stock’s 50-day moving average is GBX 774.82 and its 200 day moving average is GBX 753.95. Computacenter plc has a 1-year low of GBX 666.45 and a 1-year high of GBX 885.00.

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In other Computacenter plc news, insider Greg Lock bought 12,500 shares of the firm’s stock in a transaction on Wednesday, November 9th. The stock was acquired at an average price of GBX 719 ($8.74) per share, with a total value of £89,875 ($109,297.09).

About Computacenter plc

Computacenter plc is a provider of information technology (IT) infrastructure services. The Company’s segments include UK, Germany, France and Belgium. The Company advises organizations on IT strategy, implement technology and manages its customers’ infrastructures. It provides user support, devices and secures provision of applications and data to support individual working styles.

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