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Softcat ( (GB:SCT) ) has issued an announcement.
Softcat plc has announced that Robyn Perriss, a Non-Executive Director of the company, will join the Board of Domino’s Pizza Group plc as a Non-Executive Director starting 1 July 2025. This appointment reflects the recognition of Perriss’s expertise and may enhance Softcat’s industry connections and influence, potentially benefiting its strategic positioning.
The most recent analyst rating on (GB:SCT) stock is a Buy with a £18.50 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 overall stock score reflects its strong financial performance, strategic corporate actions, and stable technical position. While its valuation indicates high growth expectations are already priced in, the company’s low leverage and effective cost management bolster its market position. The current technical indicators suggest stability but caution is warranted due to potential overbought conditions.
To see Spark’s full report on GB:SCT stock, click here.
More about Softcat
Softcat plc operates in the IT infrastructure industry, providing a range of technology solutions and services to businesses and organizations. The company focuses on delivering software, hardware, and cloud services to enhance IT systems and support digital transformation efforts.
Average Trading Volume: 333,311
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3.48B
Learn more about SCT stock on TipRanks’ Stock Analysis page.