Softcat (LON:SCT – Get Free Report)‘s stock had its “hold” rating reiterated by equities researchers at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,700 target price on the stock. Jefferies Financial Group’s target price suggests a potential downside of 7.12% from the company’s current price.
Several other research analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Softcat to a “hold” rating and boosted their price objective for the company from GBX 1,800 to GBX 2,140 in a research report on Wednesday, August 26th. JPMorgan Chase & Co. boosted 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, Berenberg Bank increased their price target on Softcat from GBX 1,950 to GBX 2,400 and gave the company a “buy” rating in a research note on Monday, September 21st. Four equities 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. Based on data from MarketBeat.com, Softcat has a consensus rating of “Hold” and a consensus price target of GBX 1,993.75.
Check Out Our Latest Research Report on SCT
Softcat Price Performance
Softcat (LON:SCT – Get Free Report) last announced its quarterly earnings data on Wednesday, October 14th. The company reported GBX 75.80 earnings per share for the quarter. Softcat had a return on equity of 45.16% and a net margin of 8.06%. On average, analysts forecast that Softcat will post 60.72 EPS for the current fiscal year.
Insider Activity at Softcat
In other news, insider Kathryn Mecklenburgh purchased 176 shares of the business’s stock in a transaction on Monday, September 7th. The shares were acquired at an average price of GBX 2,045 per share, with a total value of £3,599.20. Also, insider Graham Charlton acquired 176 shares of the stock in a transaction dated Monday, September 7th. The stock was acquired at an average cost of GBX 2,045 per share, with a total value of £3,599.20. In the last 90 days, insiders have acquired 384 shares of company stock valued at $749,739. Company insiders own 2.91% of the company’s stock.
More Softcat News
Here are the key news stories impacting Softcat this week:
- Positive Sentiment: Strong FY2026 performance: Softcat reported a 35.4% increase in revenue and a 19.4% rise in profit for the year ended July 31, 2026, beating expectations. Softcat FY2026 profits rise 19.4% as revenue grows 35.4%
- Positive Sentiment: Shareholder returns increased: The company lifted its dividend after profit growth exceeded expectations, supporting the investment case and signaling management confidence in cash generation. Softcat lifts dividend as profit growth beats expectations
- Positive Sentiment: U.S. expansion: Softcat announced a move into the U.S. market through a deal with GDT, potentially broadening its addressable market and creating a new avenue for longer-term growth. Softcat posts double-digit profit growth and moves into U.S. market with GDT deal
- Neutral Sentiment: Quarterly results included EPS of GBX 75.80, a 45.16% return on equity and an 8.06% net margin, highlighting solid profitability. Softcat quarterly earnings report
- Negative Sentiment: Guidance disappointed: Management’s FY2027 outlook points to slower growth after the strong FY2026 expansion. Investors appear to be treating the deceleration as more important than the latest results, particularly given Softcat’s premium valuation. Softcat shares fall as outlook points to slower growth
- Negative Sentiment: Jefferies reaffirmed its “hold” rating and set a GBX 1,700 price target, suggesting limited near-term upside relative to the prevailing market price. Jefferies rating update
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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