Graham Charlton Purchases 8 Shares of Softcat (LON:SCT) Stock

Softcat plc (LON:SCT – Get Free Report) insider Graham Charlton bought 8 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average price of GBX 1,991 per share, with a total value of £159.28.

Graham Charlton also recently made the following trade(s):

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• On Tuesday, July 7th, Graham Charlton purchased 7 shares of Softcat stock. The shares were acquired at an average cost of GBX 1,936 per share, for a total transaction of £135.52.
• On Monday, June 8th, Graham Charlton acquired 8 shares of Softcat stock. The stock was acquired at an average price of GBX 1,897 per share, for a total transaction of £151.76.

Softcat Stock Performance

SCT opened at GBX 1,986 on Tuesday. Softcat plc has a 12-month low of GBX 1,083 and a 12-month high of GBX 2,024. The stock has a market cap of £3.90 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 11.51 and a beta of 0.58. The business has a 50 day moving average of GBX 1,876.82 and a 200-day moving average of GBX 1,500.70. The company has a quick ratio of 1.38, a current ratio of 1.25 and a debt-to-equity ratio of 13.07.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on Softcat from GBX 1,700 to GBX 1,800 and gave the company a “buy” rating in a report on Tuesday, May 26th. Royal Bank Of Canada lowered shares of Softcat to a “neutral” rating and increased their price objective for the company from GBX 1,550 to GBX 1,950 in a research report on Monday, June 15th. Berenberg Bank raised their target price on shares of Softcat from GBX 1,900 to GBX 1,950 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 1,700 target price on shares of Softcat in a research note on Thursday, June 25th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,974.44.

Get Our Latest Stock Analysis on SCT

About Softcat

(Get Free Report)

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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