Softcat PLC (LON:SCT) insider Graham Charlton bought 48 shares of the stock in a transaction on Friday, October 7th. The stock was purchased at an average price of GBX 311 ($3.85) per share, with a total value of £149.28 ($184.75).
Shares of Softcat PLC (LON:SCT) opened at 303.80 on Thursday. The firm’s market capitalization is GBX 595.25 million. Softcat PLC has a 1-year low of GBX 240.00 and a 1-year high of GBX 383.80. The stock’s 50 day moving average is GBX 323.52 and its 200 day moving average is GBX 329.13.
Several equities research analysts have weighed in on SCT shares. Berenberg Bank restated a “buy” rating and issued a GBX 425 ($5.26) target price on shares of Softcat PLC in a research note on Thursday, September 29th. Citigroup Inc. started coverage on shares of Softcat PLC in a research note on Tuesday, September 13th. They issued a “buy” rating and a GBX 410 ($5.07) target price for the company. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 380 ($4.70).
About Softcat PLC
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.
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