On Wednesday FinnCap reiterated its broker consensus on shares of Datatec Ltd. (di) (LON:DTC) giving the company a ‘Corporate’ rating.
FinnCap gave shares of Datatec Ltd. (di) a price target of 400 indicating a potential increase of 65.12% from Datatec Ltd. (di)’s current price of 242.25.
In the prior 12 months Datatec Ltd. (di)’s stock price has decreased by -17.06% from 292.08 to 242.25.
Datatec Ltd. (di) has 209,318,000 shares in issue which have a share price of 242.25 giving Datatec Ltd. (di) a market capitalisation of 507.07M GBp .
The 52 week high of Datatec Ltd. (di)’s shares is 299.47 whilst the 52 week low for the company’s shares is 158. The 50 day moving average of LON:DTC is 269.58 and the 200 day moving average is 235.71.
Datatec Limited is engaged in information and communications technology (ICT) business. The Company operates through four segments: WestconGroup, Logicalis, Consulting and Corporate. The WestconGroup segment is engaged in technology distribution of security, collaboration, networking and data center solutions and products. The Logicalis segment is a provider of information technology (IT) solutions and managed services. The Consulting segment is involved in the strategic and technical consulting and research. The Corporate segment includes head office companies, including Datatec Financial Services, which is a capital/leasing business under development, and Company consolidation adjustments. The Company operates in approximately 70 countries across North America, Latin America, Europe, Africa, the Middle East and Asia-Pacific. Its subsidiaries include Analysys Mason Limited (Mauritius), Netshield (Pty) Ltd, Westcon Africa (Morocco) SRL and Westcon Emerging Markets Group (Pty) Ltd.