London close: FTSE finishes flat ahead of Trump tariff deadline
4th Jul 2025 17:48
(Sharecast News) - London stocks ended Thursday little changed at the top tier but weaker further down the board, as investors weighed fresh economic data and cautious sentiment ahead of Donald Trump's 9 July tariff deadline next week.
Read moreBerenberg upgrades Softcat to 'buy', hikes target price
4th Jul 2025 07:58
(Sharecast News) - Analysts at Berenberg upgraded software firm Softcat from 'hold' to 'buy' on Friday and bumped its target price on the stock from 1,600.0p to 1,900.0p as it argued a recent sell-off had provided an attractive entry point.
Read moreLondon close: Stocks mixed ahead of Nvidia results
28th May 2025 16:02
(Sharecast News) - London stocks ended Wednesday in mixed territory as investors remained cautious ahead of quarterly results from US chipmaker Nvidia, a key barometer for global tech sentiment, due later in the global day.
Read moreSoftcat raises profit guidance after strong third quarter
28th May 2025 07:42
(Sharecast News) - IT infrastructure group Softcat has raised its guidance for full-year profit growth after a stronger-than-expected third-quarter performance.
Read moreLondon close: Stocks manage gains ahead of Fed decision
19th Mar 2025 15:34
(Sharecast News) - London's financial markets showed modest gains by the close on Wednesday, with investors digesting the Bank of Japan's recent policy decision and anticipating the upcoming announcement from the US Federal Reserve.
Read moreSoftcat ups FY guidance as profits jump
19th Mar 2025 07:36
(Sharecast News) - Shares in Softcat surged on Wednesday as the company lifted expectations for operating profit growth after interim earnings jumped by 12%.
Read moreWednesday preview: Federal Reserve, Softcat in the spotlight
18th Mar 2025 09:01
(Sharecast News) - All eyes in the middle of the week will be on the US central bank as it meets to decide on policy.
Read moreDirector dealings: Softcat director snaps up shares
21st Jan 2025 15:33
(Sharecast News) - Softcat revealed on Tuesday that non-executive director Jacqui Ferguson had acquired 3,038 ordinary shares in the FTSE 250-listed IT infrastructure provider.
Read moreSoftcat first-quarter trading in line, customer demand 'resilient'
20th Nov 2024 09:23
(Sharecast News) - IT infrastructure and services provider Softcat said on Wednesday that first-quarter trading was in line with guidance.
Read moreBerenberg reiterates 'hold' rating on Softcat following FY earnings
28th Oct 2024 17:18
(Sharecast News) - Berenberg reiterated their 'hold' rating and 1,600.0p target price on software firm Softcat on Monday, stating the group's "impressive performance" had continued.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
Read moreShore Capital upgrades Softcat back to 'buy' after recent declines
12th Jul 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.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 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 domestically-focussed FTSE 250 made gains.
Read moreJefferies downgrades Softcat to 'underperform'
5th Jul 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.
Read moreJefferies raises target price for Softcat
29th 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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