Computacenter (LON:CCC) Price Target Raised to GBX 6,000

Computacenter (LON:CCC) had its target price hoisted by JPMorgan Chase & Co. from GBX 5,000 to GBX 6,000 in a research note published on Monday morning, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

CCC has been the topic of a number of other reports. Berenberg Bank raised their price objective on shares of Computacenter from GBX 3,450 to GBX 5,300 and gave the company a “buy” rating in a research note on Monday, July 20th. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,300 target price on shares of Computacenter in a report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 5,675.

Computacenter Price Performance

Shares of LON:CCC opened at GBX 5,190 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.10 and a debt-to-equity ratio of 20.49. Computacenter has a twelve month low of GBX 2,242 and a twelve month high of GBX 6,045. The stock’s 50 day moving average is GBX 4,893.92 and its 200-day moving average is GBX 4,071.33. The firm has a market capitalization of £5.45 billion, a price-to-earnings ratio of 35.67, a PEG ratio of 6.99 and a beta of 0.95.

Computacenter (LON:CCC) last posted its quarterly earnings results on Tuesday, September 8th. The company reported GBX 103 earnings per share (EPS) for the quarter. Computacenter had a net margin of 1.70% and a return on equity of 21.78%. Sell-side analysts forecast that Computacenter will post 187.5 EPS for the current fiscal year.

Insider Activity at Computacenter

In related news, insider Keith Mortimer sold 283 shares of the company’s stock in a transaction on 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 stock in a transaction that occurred on Friday, July 24th. The stock was bought at an average cost of GBX 4,836 per share, with a total value of £50,052.60. 43.80% of the stock is owned by insiders.

Key Headlines Impacting Computacenter

Here are the key news stories impacting Computacenter this week:

• Positive Sentiment: Raised 2026 profit guidance: Computacenter lifted its outlook for annual adjusted pretax profit, citing strong demand across its technology services business and increased customer spending on artificial intelligence. Computacenter raises guidance after AI spending boost
• Positive Sentiment: Strong first-half performance: First-half revenue increased 71.6%, while the company’s bottom line also improved. The results indicate robust demand and provide support for management’s upgraded full-year outlook. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
• Positive Sentiment: Broker optimism increased: Berenberg raised its price target from GBX 5,300 to GBX 6,500 and assigned a “buy” rating. Jefferies also reaffirmed its “buy” rating with a GBX 6,500 target, while JPMorgan maintained a positive view. Computacenter Stock Price Expected to Rise
• Neutral Sentiment: Mixed trading reaction: Market coverage reported that Computacenter rose after the results before giving back some gains. The reversal may reflect profit-taking or valuation concerns rather than a deterioration in the company’s fundamentals. Winners and Losers: Computacenter rises then falls

Computacenter Company Profile

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.