Softcat (LON:SCT – Get Free Report)‘s stock had its “buy” rating reaffirmed by Shore Capital in a report released on Thursday, Digital Look reports.
SCT has been the topic of several other research reports. Jefferies Financial Group downgraded shares of Softcat to an “underperform” rating and cut their price objective for the company from GBX 1,950 ($25.32) to GBX 1,490 ($19.35) in a report on Friday, July 5th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 1,250 ($16.23) price target on shares of Softcat in a report on Thursday, July 25th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 1,442.50 ($18.73).
View Our Latest Research Report on SCT
Softcat Stock Up 9.9 %
Softcat Company Profile
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.
See Also
- Five stocks we like better than Softcat
- Pros And Cons Of Monthly Dividend Stocks
- A $1.75 Billion Gamble: Can Lucid Ignite Growth?
- The Role Economic Reports Play in a Successful Investment Strategy
- The Rally in Lockheed Martin and RTX Can Continue: Here’s Why
- Which Wall Street Analysts are the Most Accurate?
- 3 Undervalued Technology Stocks With Big Rebound Potential
Receive News & Ratings for Softcat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Softcat and related companies with MarketBeat.com's FREE daily email newsletter.