Softcat plc (LON:SCT) Receives Average Rating of “Hold” from Analysts

Softcat plc (LON:SCT) has been assigned an average recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 1,937.50.

A number of brokerages recently commented on SCT. Deutsche Bank Aktiengesellschaft downgraded shares of Softcat to a “hold” rating and boosted their price objective for the stock from GBX 1,800 to GBX 2,140 in a research note on Wednesday, August 26th. JPMorgan Chase & Co. upped their price objective on Softcat from GBX 1,950 to GBX 2,300 and gave the stock an “overweight” rating in a research note on Monday. Berenberg Bank boosted their target price 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. Royal Bank Of Canada lowered shares of Softcat to a “neutral” rating and increased their price target for the company from GBX 1,550 to GBX 1,950 in a research report on Monday, June 15th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,700 price objective on shares of Softcat in a research report on Thursday, June 25th.

Insider Activity at Softcat

In other Softcat news, insider Graham Charlton acquired 176 shares of the firm’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average price of GBX 2,045 per share, for a total transaction of £3,599.20. Also, insider Kathryn Mecklenburgh bought 176 shares of the company’s stock in a transaction that occurred on Monday, September 7th. The shares were acquired at an average price of GBX 2,045 per share, for a total transaction of £3,599.20. Over the last 90 days, insiders acquired 382 shares of company stock valued at $778,745. 2.90% of the stock is owned by insiders.

Softcat Stock Performance

Shares of Softcat stock opened at GBX 1,839 on Thursday. The firm has a market cap of £3.61 billion, a P/E ratio of 26.23, a P/E/G ratio of 11.51 and a beta of 0.57. The company has a current ratio of 1.25, a quick ratio of 1.38 and a debt-to-equity ratio of 13.07. Softcat has a 12 month low of GBX 1,083 and a 12 month high of GBX 2,134. The stock’s fifty day moving average price is GBX 1,966.05 and its 200-day moving average price is GBX 1,616.69.

Softcat News Summary

Here are the key news stories impacting Softcat this week:

• Positive Sentiment: J.P. Morgan remains bullish: The bank reaffirmed its “Buy” and “Overweight” ratings and has raised its price target to GBX 2,300. That target is well above recent trading levels and signals confidence in Softcat’s earnings and growth outlook. J.P. Morgan Reaffirms Their Buy Rating on Softcat
• Positive Sentiment: Insider purchases offer a confidence signal: CEO Graham Charlton and insider Kathryn Mecklenburgh each bought 176 shares at GBX 2,045, worth approximately £3,599 per transaction. The purchases suggest management remains willing to invest at current valuations. Softcat Insider Buying
• Positive Sentiment: Profitability remains supportive: Reports highlighted strong first-half profit, reinforcing the case that Softcat’s core IT-reselling and infrastructure-services business continues to generate solid earnings momentum. Softcat Half-Year Profit Report
• Neutral Sentiment: Management received incentive awards: The CEO and CFO were granted shares under Softcat’s incentive arrangements. This aligns executives with shareholders, although future share issuance could create modest dilution. Softcat CEO and CFO Share Awards
• Negative Sentiment: Valuation and profit-taking may be limiting gains: Softcat trades at roughly 27 times earnings, while the consensus rating is “Hold” and the average analyst target is GBX 1,937.50. The stock’s muted reaction—even after strong results and insider buying—may indicate that investors had already priced in much of the good news or are taking profits after its substantial earlier advance.

About Softcat

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.