Computacenter (CCC)

Sector:

IT Services

Index:

FTSE 250

2,224.00p
   
  • Change Today:
      26.00p
  • 52 Week High: 2,962.00p
  • 52 Week Low: 2,148.00p
  • Currency: UK Pounds
  • Shares Issued: 106.24m
  • Volume: 190,742
  • Market Cap: £2,362.87m
  • RiskGrade: 119
  • Beta: 0.77

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 2,224.00p
Change Today 26.00p
% Change 1.18 %
52 Week High 2,962.00p
52 Week Low 2,148.00p
Volume 190,742
Shares Issued 106.24m
Market Cap £2,362.87m
Beta 0.77
RiskGrade 119

Computacenter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.71% below the market average72.71% below the market average72.71% below the market average72.71% below the market average72.71% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average
19.54% below the sector average19.54% below the sector average19.54% below the sector average19.54% below the sector average19.54% below the sector average
Income
10.69% above the market average10.69% above the market average10.69% above the market average10.69% above the market average10.69% above the market average
85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average
Growth
21.58% below the market average21.58% below the market average21.58% below the market average21.58% below the market average21.58% below the market average
67.5% below the sector average67.5% below the sector average67.5% below the sector average67.5% below the sector average67.5% below the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 4
Sell 0
Strong Sell 0
Total 12
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
  Interim Final
Ex-Div 26-Sep-24 06-Jun-24
Paid 25-Oct-24 05-Jul-24
Amount 23.30p 47.40p

Trades for 21-Nov-2024

Time Volume / Share Price
16:14 1 @ 2,224.00p
16:14 4 @ 2,224.00p
16:14 2 @ 2,224.00p
16:14 4 @ 2,224.00p
16:14 4 @ 2,224.00p

Computacenter Key Personnel

CEO Michael J Norris
Chair Pauline Campbell

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