Berenberg Bank Reaffirms Hold Rating for Computacenter (LON:CCC)

Berenberg Bank reaffirmed their hold rating on shares of Computacenter (LON:CCC - Free Report) in a report published on Tuesday morning, MarketBeat.com reports. They currently have a GBX 2,425 ($31.31) target price on the stock.

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 3,400 ($43.90) price objective on shares of Computacenter in a research note on Tuesday, December 17th.

Computacenter Price Performance

Shares of LON:CCC traded down GBX 14 ($0.18) during trading on Tuesday, reaching GBX 2,610 ($33.70). The stock had a trading volume of 783,945 shares, compared to its average volume of 1,873,200. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31. The business has a fifty day moving average price of GBX 2,243.60 and a 200-day moving average price of GBX 2,285.15. The stock has a market cap of £2.77 billion, a PE ratio of 17.46, a PEG ratio of 6.99 and a beta of 0.71. Computacenter has a 1-year low of GBX 2,020 ($26.08) and a 1-year high of GBX 3,004 ($38.79).

Computacenter (LON:CCC - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.09) earnings per share (EPS) for the quarter. Computacenter had a return on equity of 17.61% and a net margin of 2.64%. On average, equities analysts forecast that Computacenter will post 187.5 earnings per share for the current fiscal year.

Computacenter Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be given a GBX 474 ($6.12) dividend. The ex-dividend date is Thursday, June 5th. This represents a yield of 1.83%. This is an increase from Computacenter's previous dividend of $23.30. Computacenter's payout ratio is currently 47.51%.

About Computacenter

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.