Computacenter plc (CCC) Upgraded by Berenberg Bank to Buy

Computacenter plc (LON:CCC) was upgraded by research analysts at Berenberg Bank to a “buy” rating in a research report issued on Tuesday, August 29th, Marketbeat reports. The firm presently has a GBX 1,200 ($15.50) price target on the stock, up from their previous price target of GBX 750 ($9.69). Berenberg Bank’s price target indicates a potential upside of 21.77% from the stock’s previous close.

Separately, Barclays PLC upgraded shares of Computacenter plc to an “overweight” rating in a report on Friday, July 7th. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of GBX 1,002 ($12.94).

Shares of Computacenter plc (LON:CCC) traded down 0.95% during trading on Tuesday, reaching GBX 985.50. The company had a trading volume of 113,341 shares. The firm’s market capitalization is GBX 1.19 billion. The firm has a 50-day moving average of GBX 936.16 and a 200 day moving average of GBX 838.46. Computacenter plc has a 1-year low of GBX 666.45 and a 1-year high of GBX 1,094.00.

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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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