Computacenter (LON:CCC) Receives Hold Rating from Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Computacenter (LON:CCC) in a report issued on Tuesday morning, Marketbeat Ratings reports. They currently have a GBX 2,425 ($31.53) price target on the stock.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 3,400 ($44.20) target price on shares of Computacenter in a report on Tuesday, December 17th.

Computacenter Price Performance

Shares of CCC opened at GBX 2,662 ($34.61) on Tuesday. The firm has a market capitalization of £2.83 billion, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The stock’s fifty day moving average is GBX 2,209.22 and its 200-day moving average is GBX 2,287.53. Computacenter has a one year low of GBX 2,020 ($26.26) and a one year high of GBX 3,004 ($39.05). The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31.

Computacenter (LON:CCC) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.10) earnings per share (EPS) for the quarter. Computacenter had a return on equity of 17.61% and a net margin of 2.64%. Equities analysts anticipate that Computacenter will post 187.5 EPS for the current year.

Computacenter Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be given a GBX 474 ($6.16) dividend. This is a boost from Computacenter’s previous dividend of $23.30. This represents a yield of 1.83%. The ex-dividend date is Thursday, June 5th. Computacenter’s dividend payout ratio (DPR) is 47.51%.

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.