Several other research firms have also recently commented on SCT. Berenberg Bank lowered their price target on Softcat from GBX 1,900 ($22.47) to GBX 1,500 ($17.74) and set a buy rating for the company in a report on Wednesday, November 2nd. Barclays restated an overweight rating and issued a GBX 2,010 ($23.77) price target on shares of Softcat in a report on Thursday, October 27th.
Softcat Trading Up 0.1 %
Softcat stock opened at GBX 1,264 ($14.95) on Tuesday. The stock has a market cap of £2.52 billion and a PE ratio of 2,296.36. The stock has a 50-day moving average price of GBX 1,185.60 and a 200 day moving average price of GBX 1,281.21. Softcat has a 52 week low of GBX 1,059 ($12.52) and a 52 week high of GBX 1,922 ($22.73). The company has a current ratio of 1.42, a quick ratio of 1.38 and a debt-to-equity ratio of 3.16.
Softcat Increases Dividend
Softcat Company Profile
Softcat plc primarily acts 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.
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