Softcat (SCT)

Sector:

IT Services

Index:

FTSE 250

1,658.00p
   
  • Change Today:
      26.00p
  • 52 Week High: 1,675.00p
  • 52 Week Low: 1,212.00p
  • Currency: UK Pounds
  • Shares Issued: 199.75m
  • Volume: 161,883
  • Market Cap: £3,311.86m
  • RiskGrade: 559

Citi upgrades Softcat, downgrades Computacenter

By Michele Maatouk

Date: Thursday 13 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Citi upgraded Softcat and downgraded Computacenter on Thursday as it refreshed its view on the European value-added resellers, "keeping in consideration a return to more normal growth for the space post pandemic induced spurt in demand".
"We believe that despite oft repeated risks (like disintermediation and pricing pressure), the space offers definite value with range of business models and presents a useful way to gain exposure to broader IT spending trend," the bank said.

Based on its analysis of fundamental positioning and valuations, it upgraded upgrading Softcat to 'buy' and downgraded Computacenter to 'neutral'.

At 0820 BST, Softcat shares were up 4.8% at 1,454p, while Computacenter was down 1.2% at 2,166p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Softcat Market Data

Currency UK Pounds
Share Price 1,658.00p
Change Today 26.00p
% Change 1.59 %
52 Week High 1,675.00p
52 Week Low 1,212.00p
Volume 161,883
Shares Issued 199.75m
Market Cap £3,311.86m
RiskGrade 559

Softcat Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.34% below the market average99.34% below the market average99.34% below the market average99.34% below the market average99.34% below the market average
97.53% below the sector average97.53% below the sector average97.53% below the sector average97.53% below the sector average97.53% below the sector average
Price Trend
80.66% above the market average80.66% above the market average80.66% above the market average80.66% above the market average80.66% above the market average
60.44% above the sector average60.44% above the sector average60.44% above the sector average60.44% above the sector average60.44% above the sector average
Income
67.72% below the market average67.72% below the market average67.72% below the market average67.72% below the market average67.72% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
49.86% below the market average49.86% below the market average49.86% below the market average49.86% below the market average49.86% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 5
Sell 1
Strong Sell 1
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Softcat Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Apr-24 09-Nov-23
Paid 22-May-24 19-Dec-23
Amount 8.50p 17.00p

Trades for 17-May-2024

Time Volume / Share Price
16:35 53,311 @ 1,658.00p
16:35 475 @ 1,658.00p
16:35 78 @ 1,658.00p
16:35 223 @ 1,658.00p
16:35 396 @ 1,658.00p

Softcat Key Personnel

CEO Graham Charlton
CFO Kathryn Mecklenburgh

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