Softcat’s (SCT) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Softcat (LON:SCT) in a research report report published on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 1,900 price objective on the stock.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group reduced their price target on shares of Softcat from GBX 1,500 to GBX 1,210 and set a “hold” rating on the stock in a research report on Thursday. Shore Capital Group reaffirmed a “buy” rating on shares of Softcat in a report on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of Softcat to an “overweight” rating and lifted their target price for the company from GBX 2,820 to GBX 2,950 in a research note on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,908.89.

Softcat Stock Down 0.8%

Shares of LON SCT opened at GBX 1,246 on Thursday. Softcat has a 52-week low of GBX 1,083 and a 52-week high of GBX 1,960. The company has a debt-to-equity ratio of 13.07, a quick ratio of 1.38 and a current ratio of 1.25. The business has a fifty day moving average of GBX 1,255.81 and a two-hundred day moving average of GBX 1,422.91. The stock has a market cap of £2.45 billion, a PE ratio of 18.82, a PEG ratio of 11.51 and a beta of 0.60.

Softcat (LON:SCT) last posted its earnings results on Wednesday, March 18th. The company reported GBX 36.10 earnings per share for the quarter. Softcat had a net margin of 8.06% and a return on equity of 45.16%. As a group, equities research analysts expect that Softcat will post 60.72 earnings per share for the current fiscal year.

Softcat News Summary

Here are the key news stories impacting Softcat this week:

• Positive Sentiment: Quarterly results were strong: Softcat reported solid EPS, high return on equity and healthy margins, and management provided upgraded guidance as customers accelerate hardware refreshes — a catalyst for revenue and margin visibility. Quarterly results and slide deck
• Positive Sentiment: Berenberg reaffirmed its “buy” rating and set a high GBX 1,900 price target, signaling confidence in Softcat’s medium-term outlook and providing upside support for the shares. Berenberg rating
• Positive Sentiment: Shore Capital also reaffirmed its “buy” rating, adding to positive broker support that can bolster investor sentiment while demand for IT infrastructure remains strong. Shore Capital rating
• Positive Sentiment: Analyst and media coverage highlights AI-driven shifts in customer priorities and rising profit forecasts — themes that helped shares jump in recent sessions and underpin growth expectations. AI reshaping customer priorities
• Neutral Sentiment: Feature pieces present Softcat as a FTSE 250 tech stock offering growth, dividends and value, which provides context for longer-term investors but may have limited immediate price impact. FTSE 250 profile
• Neutral Sentiment: Some commentary notes the shares have fallen from prior peaks (highlighting a large drawdown in recent periods) even as profit forecasts were raised — framing Softcat as potentially oversold but not an immediate buy signal for all investors. MSN commentary
• Negative Sentiment: Jefferies cut its view: price target reduced materially and rating moved to “hold,” a near-term negative that likely contributed to selling pressure as it narrows analyst-driven upside. Jefferies downgrade

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. 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.