Softcat performs 'well' in Q1
22nd Nov 2022 09:14
(Sharecast News) - IT infrastructure firm Softcat said on Tuesday that it had "performed well" during the three months ended 31 October, with demand remaining "strong" and customer behaviour across all segments unchanged from trends seen in the previous year.
Read moreBerenberg lowers target price on Softcat
2nd Nov 2022 10:26
(Sharecast News) - Analysts at Berenberg lowered their target price on software firm Softcat from 1,900.0p to 1,500.0p on Wednesday but said nuances still made the stock "a winner".
Read moreSoftcat FY profits rise amid growth across all segments
25th Oct 2022 07:30
(Sharecast News) - IT infrastructure services provider Softcat reported a rise in full-year profit and revenue on Tuesday as it hailed good growth across all segments.
Read moreShore Cap initiates Softcat coverage at 'buy'
28th Jun 2022 12:38
(Sharecast News) - Shore Capital has initiated coverage on Softcat with a 'buy' recommendation, the broker said on Tuesday.
Read moreSoftcat sees FY operating profit 'slightly ahead' of expectations
25th May 2022 07:05
(Sharecast News) - IT services provider Softcat on Wednesday said annual operating profit would be slightly ahead of expectations after a strong third quarter.
Read moreSoftcat H1 profits beat expectations
22nd Mar 2022 07:02
(Sharecast News) - Computer support and services provider Softcat said on Tuesday that its full-year outturn was now expected to be ahead of previous estimates after interim profits grew ahead of expectations in the six months ended 31 January.
Read moreBerenberg upgrades Softcat to 'buy' from 'hold'
18th Mar 2022 09:48
(Sharecast News) - Berenberg upgraded IT infrastructure and services provider Softcat on Friday to 'buy' from 'hold' and reiterated its 1,900p price target.
Read moreSoftcat sees profit, revenue growth in Q1
23rd Nov 2021 07:57
(Sharecast News) - IT infrastructure technology and services company Softcat reported first-quarter profit and revenue growth driven by high demand.
Read moreNumis says pausing for breath on Softcat, downgrafes to 'hold'
26th Oct 2021 11:49
(Sharecast News) - Analysts at Numis downgraded their recommendation for shares of Softcat from 'add' to 'hold' after the IT infrastructure provider delivered what they termed an in-line set of full-year results.
Read moreSoftcat posts record FY results amid solid demand
26th Oct 2021 07:27
(Sharecast News) - IT infrastructure and services provider Softcat reported record full-year results on Tuesday amid strong public sector demand and a recovery in the corporate sector.
Read moreTuesday preview: US tech giants, Softcat in the spotlight
25th Oct 2021 15:19
(Sharecast News) - Investors are likely to be in a holding pattern on Tuesday ahead of the release of quarterly results out of Apple and Microsoft in the evening.
Read moreUBS initiates Softcat at 'sell', upgrades Computacenter to 'buy'
21st Sep 2021 11:08
(Sharecast News) - UBS initiated coverage of Softcat with a 'sell' rating and 1,860p price target on Tuesday and upgraded Computacenter to 'buy' from 'neutral', hiking the price target to 3,290p from 2,520p.
Read moreSoftcat lifts annual guidance after strong Q3
26th May 2021 07:49
(Sharecast News) - IT provider Softcat on Wednesday upgraded annual earnings guidance after reporting double-digit revenue growth in the third quarter.
Read moreSunday share tips: Softcat, Tesco
11th Apr 2021 18:29
(Sharecast News) - The Sunday Times's Sabah Meddings conceded that Softcat had done well out of the pandemic, but told readers the shares were only a 'hold' given their "punchy" valuation.
Read moreSoftcat hikes interim dividend, lifts full-year expectations
24th Mar 2021 07:37
(Sharecast News) - IT infrastructure company Softcat reported "strong" income growth in its first half on Wednesday, as it upped its interim dividend by 18.5% to 6.5p per share.
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