Softcat PLC (SCT) Insider Graham Charlton Purchases 48 Shares of Stock

Softcat PLC (LON:SCT) insider Graham Charlton acquired 48 shares of the company’s stock in a transaction that occurred on Friday, October 7th. The stock was acquired at an average price of GBX 311 ($3.85) per share, with a total value of £149.28 ($184.75).

Softcat PLC (LON:SCT) opened at 309.90 on Wednesday. Softcat PLC has a 12-month low of GBX 240.00 and a 12-month high of GBX 383.80. The firm’s 50-day moving average is GBX 324.29 and its 200 day moving average is GBX 329.31. The company’s market cap is GBX 607.20 million.

Insider Buying and Selling by Quarter for Softcat PLC (LON:SCT)

SCT has been the subject of a number of research reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 425 ($5.26) price objective on shares of Softcat PLC in a report on Thursday, September 29th. Citigroup Inc. began coverage on shares of Softcat PLC in a report on Tuesday, September 13th. They set a “buy” rating and a GBX 410 ($5.07) price target for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Softcat PLC presently has an average rating of “Buy” and a consensus price target of GBX 380 ($4.70).

About Softcat PLC

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.

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