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The latest announcement is out from Softcat ( (GB:SCT) ).
Softcat has repurchased 117,305 of its ordinary shares on the London Stock Exchange on 26 January 2026 via J.P. Morgan Securities as part of its ongoing share buy-back programme, at prices ranging between 1,380p and 1,414p and a weighted average price of 1,395.7740p. The company intends to cancel these shares, reducing its issued share capital to 199,009,156 ordinary shares with voting rights and no shares held in treasury, a move that marginally enhances earnings per share and may signal continued board confidence in the company’s valuation to investors monitoring disclosure thresholds under FCA rules.
The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.
Spark’s Take on GB:SCT Stock
According to Spark, TipRanks’ AI Analyst, GB:SCT is a Outperform.
Softcat’s strong financial performance and positive corporate events are the most significant factors driving the score. However, technical indicators suggest caution due to bearish trends, and the valuation is moderate. The absence of recent earnings call data limits insights into management’s current outlook.
To see Spark’s full report on GB:SCT stock, click here.
More about Softcat
Softcat plc is a UK-based IT infrastructure and services provider, supplying software, hardware, and related support and managed services to corporate and public sector customers, primarily through the London Stock Exchange where its shares are listed.
Average Trading Volume: 480,361
Technical Sentiment Signal: Hold
Current Market Cap: £2.77B
For detailed information about SCT stock, go to TipRanks’ Stock Analysis page.