Key Points
- Softcat insider Graham Charlton bought 8 shares at GBX 1,991 each, totaling £159.28. This follows additional purchases in June and July.
- Softcat shares were trading at GBX 1,981, down 0.7%, with a £3.89 billion market capitalization and a 52-week range of GBX 1,083 to GBX 2,024.
- Analysts give Softcat a consensus “Moderate Buy” rating, with an average price target of GBX 1,974.44; ratings include six Buys, two Holds, and one Sell.
Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh purchased 7 shares of the firm's stock in a transaction dated Friday, August 7th. The stock was acquired at an average cost of GBX 1,991 per share, for a total transaction of £139.37.
Kathryn Mecklenburgh also recently made the following trade(s):
- On Tuesday, July 7th, Kathryn Mecklenburgh purchased 8 shares of Softcat stock. The shares were acquired at an average price of GBX 1,936 per share, with a total value of £154.88.
- On Monday, June 8th, Kathryn Mecklenburgh acquired 8 shares of Softcat stock. The shares were acquired at an average cost of GBX 1,897 per share, with a total value of £151.76.
Softcat Stock Down 0.7%
Shares of LON:SCT opened at GBX 1,981 on Wednesday. The company has a market capitalization of £3.89 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 11.51 and a beta of 0.58. Softcat plc has a 12-month low of GBX 1,083 and a 12-month high of GBX 2,024. The business has a 50-day moving average price of GBX 1,879.38 and a 200 day moving average price of GBX 1,504.80. The company has a current ratio of 1.25, a quick ratio of 1.38 and a debt-to-equity ratio of 13.07.
Analyst Ratings Changes
SCT has been the subject of a number of recent analyst reports. Royal Bank Of Canada cut shares of Softcat to a "neutral" rating and lifted their price target for the company from GBX 1,550 to GBX 1,950 in a research report on Monday, June 15th. Berenberg Bank upped their price objective on shares of Softcat from GBX 1,900 to GBX 1,950 and gave the stock a "buy" rating in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 1,700 price objective on shares of Softcat in a research report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Softcat from GBX 1,700 to GBX 1,800 and gave the company a "buy" rating in a report on Tuesday, May 26th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Softcat currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,974.44.
View Our Latest Report on SCT
Softcat Company Profile
(
Get Free Report)
Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.
Further Reading
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