Computacenter (CCC) Reaches New 12-Month High at $1,168.00

Computacenter plc (LON:CCC) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,168 ($15.62) and last traded at GBX 1,168 ($15.62), with a volume of 123659 shares trading hands. The stock had previously closed at GBX 1,168 ($15.62).

CCC has been the subject of a number of recent analyst reports. Credit Suisse Group raised their price objective on Computacenter from GBX 1,000 ($13.37) to GBX 1,200 ($16.04) and gave the company an “outperform” rating in a research report on Friday, October 27th. Berenberg Bank raised Computacenter to a “buy” rating and raised their price objective for the company from GBX 1,200 ($16.04) to GBX 1,250 ($16.71) in a research report on Monday, November 20th. Five analysts have rated the stock with a buy rating, Computacenter presently has a consensus rating of “Buy” and an average price target of GBX 1,054 ($14.09).

The firm has a market capitalization of $1,440.00 and a P/E ratio of 1,755.22.

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Computacenter Company Profile

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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