Berenberg Bank Begins Coverage on Computacenter plc (CCC)

Berenberg Bank began coverage on shares of Computacenter plc (LON:CCC) in a research report report published on Thursday. The firm issued a hold rating and a GBX 750 ($9.79) price target on the stock.

Other equities analysts have also issued research reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 950 ($12.40) price target on shares of Computacenter plc in a research note on Thursday, August 25th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 750 ($9.79) price target on shares of Computacenter plc in a research note on Tuesday, August 30th. Finally, Credit Suisse Group AG decreased their price target on Computacenter plc from GBX 1,020 ($13.31) to GBX 1,000 ($13.05) and set an outperform rating on the stock in a research note on Friday, September 2nd. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 868.67 ($11.34).

Analyst Recommendations for Computacenter plc (LON:CCC)

Computacenter plc (LON:CCC) opened at 718.50 on Thursday. The stock’s market cap is GBX 866.63 million. Computacenter plc has a 1-year low of GBX 668.08 and a 1-year high of GBX 885.00. The firm has a 50-day moving average price of GBX 743.69 and a 200 day moving average price of GBX 795.47.

The company also recently announced a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be paid a dividend of GBX 7.20 ($0.09) per share. This represents a yield of 0.97%. The ex-dividend date is Thursday, September 15th.

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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