Softcat (LON:SCT – Get Free Report)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 1,700 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 3.95% from the company’s previous close.
A number of other research analysts also recently issued reports on the stock. Berenberg Bank boosted their target price on shares of Softcat from GBX 1,950 to GBX 2,400 and gave the company a “buy” rating in a research report on Monday, September 21st. JPMorgan Chase & Co. increased their target price on shares of Softcat from GBX 1,950 to GBX 2,300 and gave the stock an “overweight” rating in a research note on Monday, September 7th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Softcat to a “hold” rating and raised their price target for the stock from GBX 1,800 to GBX 2,140 in a report on Wednesday, August 26th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Softcat currently has a consensus rating of “Hold” and an average target price of GBX 1,993.75.
Read Our Latest Research Report on Softcat
Softcat Trading Down 8.0%
Softcat (LON:SCT – Get Free Report) last posted its quarterly earnings results on Wednesday, October 14th. The company reported GBX 75.80 earnings per share (EPS) for the quarter. Softcat had a return on equity of 45.16% and a net margin of 8.06%. Analysts anticipate that Softcat will post 60.72 EPS for the current year.
Insider Buying and Selling
In other news, insider Graham Charlton acquired 176 shares of Softcat stock in a transaction on Monday, September 7th. The stock was purchased at an average price of GBX 2,045 per share, with a total value of £3,599.20. Also, insider Kathryn Mecklenburgh acquired 176 shares of the firm’s stock in a transaction dated Monday, September 7th. The shares were purchased at an average price of GBX 2,045 per share, with a total value of £3,599.20. Over the last ninety days, insiders have purchased 384 shares of company stock worth $749,739. 2.91% of the stock is owned by company insiders.
More Softcat News
Here are the key news stories impacting Softcat this week:
- Positive Sentiment: Softcat reported fiscal 2026 profit growth of 19.4% and revenue growth of 35.4%, demonstrating continued demand for IT products and services. Softcat FY2026 profits rise 19.4% as revenue grows 35.4%
- Positive Sentiment: The company raised its dividend after profit growth exceeded expectations, supporting the income-investment case. Softcat lifts dividend as profit growth beats expectations
- Positive Sentiment: Softcat posted quarterly earnings per share of 75.80 pence, with an 8.06% net margin and 45.16% return on equity, highlighting strong profitability.
- Positive Sentiment: A deal to move into the U.S. market through GDT gives Softcat an additional international growth opportunity and broadens its addressable market. Softcat posts double-digit profit growth and moves into U.S. market with GDT deal
- Neutral Sentiment: Analysts have highlighted an upgraded profit outlook and robust underlying IT demand, although these positives are being weighed against forward-growth concerns. What Softcat’s upgraded profit outlook and robust IT demand mean for shareholders
- Negative Sentiment: Fiscal 2027 guidance points to slower growth, prompting investors to reduce expectations even after the strong results. Softcat shares fall as outlook points to slower growth
- Negative Sentiment: Jefferies reaffirmed a “Hold” rating and set a GBX 1,700 price target, below the reported opening price, indicating limited near-term upside in the broker’s view.
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.
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