Computacenter (LON:CCC – Get Free Report) had its price objective hoisted by equities researchers at Berenberg Bank from GBX 5,300 to GBX 6,500 in a note issued to investors on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 24.16% from the company’s current price.
Several other equities analysts have also recently issued reports on CCC. JPMorgan Chase & Co. raised their price target on Computacenter from GBX 5,000 to GBX 6,000 and gave the company an “overweight” rating in a report on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 6,500 target price on shares of Computacenter in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Computacenter has a consensus rating of “Buy” and an average target price of GBX 5,675.
View Our Latest Stock Report on CCC
Computacenter Stock Up 1.4%
Computacenter (LON:CCC – Get Free Report) last released its earnings results on Tuesday, September 8th. The company reported GBX 103 EPS for the quarter. Computacenter had a return on equity of 14.84% and a net margin of 1.79%. On average, analysts anticipate that Computacenter will post 187.5 EPS for the current year.
Insider Transactions at Computacenter
In other news, insider Keith Mortimer sold 283 shares of the business’s stock in a transaction dated Thursday, July 16th. The stock was sold at an average price of GBX 4,550, for a total transaction of £12,876.50. Also, insider Kelly Kuhn purchased 1,035 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was purchased at an average cost of GBX 4,836 per share, with a total value of £50,052.60. 43.80% of the stock is currently owned by company insiders.
Key Computacenter News
Here are the key news stories impacting Computacenter this week:
- Positive Sentiment: Computacenter said first-half revenue increased 71.6%, supported by strong customer demand, and raised its 2026 profit guidance. The upbeat outlook is the main fundamental catalyst for the stock. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
- Positive Sentiment: First-half earnings improved, with reports describing a sharp rise in the bottom line and stronger-than-expected demand. Computacenter also lifted its annual adjusted pre-tax income outlook. Computacenter H1 Results Surge on Strong Demand
- Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 6,500 price target. JPMorgan also raised its target from GBX 5,000 to GBX 6,000 and maintained an “overweight” rating, indicating continued sell-side confidence.
- Neutral Sentiment: The company reported quarterly EPS of GBX 103, with a 1.79% net margin and 14.84% return on equity. Investors will likely focus on whether the upgraded full-year outlook can support the stock’s premium valuation. Computacenter Results Slide Deck
- Negative Sentiment: Despite the strong results, the shares decreased, potentially reflecting profit-taking after a substantial rally and concerns that expectations are already high. Computacenter trades at approximately 35.5 times earnings, leaving less room for disappointment.
About Computacenter
Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.
We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.
Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.
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