Computacenter (LON:CCC) Price Target Cut to GBX 3,050 by Analysts at JPMorgan Chase & Co.

Computacenter (LON:CCC) had its target price cut by JPMorgan Chase & Co. from GBX 3,300 ($42.45) to GBX 3,050 ($39.23) in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have an overweight rating on the stock.

Computacenter Stock Performance

Shares of CCC opened at GBX 2,666 ($34.29) on Monday. The firm has a market cap of £3.04 billion, a PE ratio of 1,541.04, a PEG ratio of 6.99 and a beta of 0.71. The stock’s fifty day moving average price is GBX 2,819.30 and its two-hundred day moving average price is GBX 2,786.02. The company has a debt-to-equity ratio of 13.44, a current ratio of 1.26 and a quick ratio of 0.95. Computacenter has a 1 year low of GBX 1,994.30 ($25.65) and a 1 year high of GBX 3,004 ($38.64).

Insider Activity

In other news, insider Ros Rivaz sold 1,570 shares of Computacenter stock in a transaction on Monday, July 29th. The stock was sold at an average price of GBX 2,707 ($34.82), for a total value of £42,499.90 ($54,669.28). 34.95% of the stock is owned by company insiders.

About Computacenter

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.