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Softcat plc (LON:SCT – Get Rating) has received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among […]
Softcat plc (LON:SCT – Get Rating) insider Graeme Watt bought 9 shares of Softcat stock in a transaction that occurred on Friday, April 8th. The shares were bought at an average cost of GBX 1,562 ($20.35) per share, with a total value of £140.58 ($183.19). SCT stock opened at GBX 1,517 ($19.77) on Wednesday. The […]
Softcat (LON:SCT – Get Rating) had its price target cut by equities researchers at Morgan Stanley from GBX 1,910 ($25.14) to GBX 1,700 ($22.38) in a research report issued to clients and investors on Friday, MarketBeat.com reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s price objective would suggest a […]
Softcat plc (LON:SCT – Get Rating) has received a consensus rating of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have […]
26 May 2021 | 07:21am StockMarketWire.com - IT group Softcat upgraded its annual earnings guidance after it achieved double-digit revenue growth in the third quarter, though it also warned of a flat performance in the following financial year. Softcat said it now expected results for the year through July to be 'ahead of expectations'. The company delivered further double-digit year-on-year growth in revenue, gross profit and operating profit in the three months through April. The improvements reflected performance that was generally more broad-based than that seen in the first half, it added...