Softcat plc (SCT) Ordinary Shares 0.05p
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Shore Capital upgrades Softcat back to 'buy' after recent declines
12 July 2024 08:32
(Sharecast News) - Shore Capital has moved its rating for Softcat back to a 'buy', just two weeks after downgrading the stock, following a big share-price decline at the IT infrastructure group.
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London close: Stocks mixed as PM Starmer names his Cabinet
5 July 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more...
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Jefferies downgrades Softcat to 'underperform'
5 July 2024 09:15
(Sharecast News) - Analysts at Jefferies downgraded IT infrastructure provider Softcat to 'underperform' on Friday, citing "incremental caution" around the IT services sector.
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Jefferies raises target price for Softcat
29 May 2024 11:45
(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation on shares of Softcat, following the latest trading update out of the IT infrastructure and services provider.
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Softcat reaffirms full-year guidance
28 May 2024 07:31
(Sharecast News) - Softcat said on Tuesday that full-year results were set to be in line with expectations.
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London close: Stocks rise as US consumer confidence remains stable
26 March 2024 17:06
(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.
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Softcat hits operating profit record even as revenue slips
26 March 2024 09:36
(Sharecast News) - IT infrastructure specialist Softcat reported an 8.8% fall in first-half revenue on Tuesday, to £467.2m, but still achieved double-digit growth in gross profit, rising 11% to £196.5m.
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Tuesday preview: US durable goods orders, Softcat in the spotlight
25 March 2024 14:17
(Sharecast News) - Investors' focus on Tuesday will be on a raft of economic reports due out in the States.
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JP Morgan sees no upside at Softcat despite share-price weakness
3 January 2024 08:31
(Sharecast News) - JP Morgan has reiterated its 'underweight' rating on Softcat following investor feedback on its recent downgrade, saying that the stock is still too expensive given the...
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London close: Stocks slip after mountain of broker notes
28 November 2023 15:30
(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.
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Softcat flags first-quarter growth in line with expectations
28 November 2023 07:18
(Sharecast News) - IT infrastructure technology and services provider Softcat said in a trading update on Tuesday that it achieved substantial year-on-year growth in first-quarter gross profit, registering...
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London close: Stocks slip ahead of FOMC minutes, Autumn Statement
21 November 2023 15:19
(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.
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