Analyst Price Target is GBX 1,755
▲ +35.42% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Softcat in the last 3 months. The average price target is GBX 1,755, with a high forecast of GBX 2,010 and a low forecast of GBX 1,500. The average price target represents a 35.42% upside from the last price of GBX 1,296.
Current Consensus is
The current consensus among 3 polled investment analysts is to buy stock in Softcat. This rating has held steady since May 2021, when it changed from a Hold consensus rating.
Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application. Softcat plc was incorporated in 1987 and is headquartered in Marlow, the United Kingdom.