A statement released earlier today by Berenberg about Softcat Plc (LON:SCT) maintains the target price at 425.00GBX
- Updated: October 1, 2016
Berenberg hold steady the target of Softcat Plc (LON:SCT) at 425.00GBX stating a potential upside of 0%.
On Tuesday September 13, 2016, Citigroup released a statement for Softcat Plc (LON:SCT) bumped up the target price from 0.00GBX to 410.00GBX that suggested an upside of 0%.
Boasting a price of 0.00GBX, Softcat Plc (LON:SCT) traded -1.23% lower on the day. With the last stock price close down -2.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Softcat Plc has recorded a 50-day average of 328.49GBX and a two hundred day average of 328.65GBX. Volume of trade was down over the average, with 131,305 shares of SCT changing hands under the typical 230,794
With a total market value of 0 GBX, Softcat Plc has price-earnings ratio of 21.19 with a one year low of 240.00GBX and a one year high of 383.80GBX .
A total of 3 equity analysts have released a ratings update on SCT. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 355.00GBX.
Brief Synopsis About Softcat Plc (LON:SCT)
Softcat plc, formerly Softcat Limited, is an information technology (IT) infrastructure and services provider. The Company provides corporate and public sector organization's with IT infrastructure solutions, including the products and services they require to design, implement, support and manage these solutions, on premise, in the cloud or a combination of both. The Company's solutions include software licensing and sales, hardware sales, and professional and managed services for its customers' core IT requirements, such as workplace technology, data center infrastructure and networking and security. It also provides its solutions to public sector customers and enterprise customers. The Company offers solutions in the areas of infrastructure, Microsoft, networking, asset management and security. It operates from Marlow in Buckinghamshire, and has approximately four branch offices in Bristol, Leeds, London and Manchester. eCAT is its online reporting and e-Procurement site.
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