Kelly Kuhn Purchases 1,035 Shares of Computacenter (LON:CCC) Stock

Computacenter plc (LON:CCC) insider Kelly Kuhn acquired 1,035 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were purchased at an average price of GBX 4,836 per share, for a total transaction of £50,052.60.

Computacenter Stock Up 0.7%

Shares of Computacenter stock traded up GBX 34.37 on Monday, hitting GBX 4,824.37. 128,779 shares of the company’s stock traded hands, compared to its average volume of 1,698,750. The stock has a market cap of £5.06 billion, a P/E ratio of 33.16, a PEG ratio of 6.99 and a beta of 0.93. The firm’s 50-day moving average is GBX 4,342.68 and its 200 day moving average is GBX 3,622.17. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 22.53. Computacenter plc has a 52-week low of GBX 2,092 and a 52-week high of GBX 4,962.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Berenberg Bank increased their target price on Computacenter from GBX 3,450 to GBX 5,300 and gave the company a “buy” rating in a report on Monday, July 20th. JPMorgan Chase & Co. upgraded shares of Computacenter to an “overweight” rating and upped their target price for the stock from GBX 4,500 to GBX 5,000 in a research report on Friday, July 10th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 5,300 price objective on shares of Computacenter in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Computacenter presently has a consensus rating of “Buy” and an average target price of GBX 4,825.

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.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.