Analyst Hannes Leitner of Jefferies maintained a Buy rating on Computacenter, with a price target of p3,300.00.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hannes Leitner has given his Buy rating due to a combination of factors that highlight Computacenter’s promising outlook. The company’s recent third-quarter update indicates sustained strong performance, which suggests that the risks for the year are diminishing. This positive momentum is expected to continue, potentially closing the valuation gap between Computacenter and its industry peers.
Furthermore, Computacenter remains a favored choice within its sector, prompting an increase in the price target to 3300p. The company’s incremental improvements, as noted in their latest statement, reinforce the confidence in its future prospects, justifying the Buy rating.
In another report released on October 23, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a p3,013.00 price target.