Softcat (LON:SCT) Given New GBX 1,210 Price Target at Jefferies Financial Group

Softcat (LON:SCT) had its price target cut by Jefferies Financial Group from GBX 1,500 to GBX 1,210 in a research report released on Thursday morning, Marketbeat Ratings reports. They currently have a hold rating on the stock.

Several other research analysts have also commented on SCT. Shore Capital Group restated a “buy” rating on shares of Softcat in a report on Thursday. JPMorgan Chase & Co. raised shares of Softcat to an “overweight” rating and increased their price objective for the stock from GBX 2,820 to GBX 2,950 in a research report on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,908.89.

Softcat Price Performance

Shares of Softcat stock opened at GBX 1,246 on Thursday. Softcat has a twelve month low of GBX 1,083 and a twelve month high of GBX 1,960. The stock has a market capitalization of £2.45 billion, a P/E ratio of 18.82, a PEG ratio of 11.51 and a beta of 0.60. The company has a current ratio of 1.25, a quick ratio of 1.38 and a debt-to-equity ratio of 13.07. The business’s fifty day moving average price is GBX 1,255.81 and its 200 day moving average price is GBX 1,422.91.

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

More Softcat News

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

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.