Separately, Citigroup Inc. initiated coverage on Softcat PLC in a research report on Tuesday, September 13th. They set a buy rating and a GBX 410 ($5.35) price objective on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Softcat PLC currently has a consensus rating of Buy and an average target price of GBX 380 ($4.96).
Shares of Softcat PLC (LON:SCT) opened at 323.15 on Thursday. The company’s market capitalization is GBX 633.16 million. Softcat PLC has a one year low of GBX 240.00 and a one year high of GBX 383.80. The company has a 50-day moving average price of GBX 329.27 and a 200 day moving average price of GBX 328.71.
Softcat PLC Company Profile
Softcat plc, formerly Softcat Limited, is an information technology (IT) infrastructure and services provider. The Company provides corporate and public sector organization’s with IT infrastructure solutions, including the products and services they require to design, implement, support and manage these solutions, on premise, in the cloud or a combination of both.
Receive News & Ratings for Softcat PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Softcat PLC and related companies with MarketBeat.com's FREE daily email newsletter.