Computacenter (CCC)

Sector:

IT Services

Index:

FTSE 250

2,588.00p
   
  • Change Today:
      58.00p
  • 52 Week High: 2,944.00
  • 52 Week Low: 2,026.00
  • Currency: UK Pounds
  • Shares Issued: 122.69m
  • Volume: 98,527
  • Market Cap: £3,175.17m
  • RiskGrade: 119

Citi upgrades Softcat, downgrades Computacenter

By Michele Maatouk

Date: Thursday 13 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Citi upgraded Softcat and downgraded Computacenter on Thursday as it refreshed its view on the European value-added resellers, "keeping in consideration a return to more normal growth for the space post pandemic induced spurt in demand".
"We believe that despite oft repeated risks (like disintermediation and pricing pressure), the space offers definite value with range of business models and presents a useful way to gain exposure to broader IT spending trend," the bank said.

Based on its analysis of fundamental positioning and valuations, it upgraded upgrading Softcat to 'buy' and downgraded Computacenter to 'neutral'.

At 0820 BST, Softcat shares were up 4.8% at 1,454p, while Computacenter was down 1.2% at 2,166p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Computacenter Market Data

Currency UK Pounds
Share Price 2,588.00p
Change Today 58.00p
% Change 2.29 %
52 Week High 2,944.00
52 Week Low 2,026.00
Volume 98,527
Shares Issued 122.69m
Market Cap £3,175.17m
RiskGrade 119

Computacenter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.89% below the market average92.89% below the market average92.89% below the market average92.89% below the market average92.89% below the market average
19.51% below the sector average19.51% below the sector average19.51% below the sector average19.51% below the sector average19.51% below the sector average
Price Trend
15.78% above the market average15.78% above the market average15.78% above the market average15.78% above the market average15.78% above the market average
5.49% above the sector average5.49% above the sector average5.49% above the sector average5.49% above the sector average5.49% above the sector average
Income
12.31% below the market average12.31% below the market average12.31% below the market average12.31% below the market average12.31% below the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Growth
33.76% below the market average33.76% below the market average33.76% below the market average33.76% below the market average33.76% below the market average
45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average

What The Brokers Say

Strong Buy 2
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Computacenter Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 28-Sep-23
Paid 05-Jul-24 27-Oct-23
Amount 47.40p 22.60p

Trades for 03-May-2024

Time Volume / Share Price
15:05 1 @ 2,574.00p
15:05 1 @ 2,574.00p
15:05 1 @ 2,574.00p
15:05 1 @ 2,574.00p
15:01 0 @ 2,592.00p

Computacenter Key Personnel

CEO Michael J Norris

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