Brokerages Set Software AG (SOW) PT at $44.47

Software AG (ETR:SOW) has earned an average recommendation of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is €44.47 ($51.71).

SOW has been the topic of a number of recent analyst reports. Baader Bank set a €54.00 ($62.79) price objective on shares of Software and gave the company a “buy” rating in a research note on Wednesday, July 11th. Oddo Bhf set a €53.00 ($61.63) price objective on shares of Software and gave the company a “buy” rating in a research note on Thursday, July 19th. Kepler Capital Markets set a €54.00 ($62.79) price objective on shares of Software and gave the company a “buy” rating in a research note on Wednesday, July 18th. Warburg Research set a €50.00 ($58.14) price objective on shares of Software and gave the company a “buy” rating in a research note on Wednesday, July 18th. Finally, Berenberg Bank set a €44.00 ($51.16) price objective on shares of Software and gave the company a “neutral” rating in a research note on Wednesday, July 18th.

Shares of ETR:SOW opened at €36.40 ($42.33) on Wednesday. Software has a 1 year low of €34.53 ($40.15) and a 1 year high of €49.80 ($57.91).

Software Company Profile

Software Aktiengesellschaft provides software development, licensing, and maintenance; and information (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Adabas & Natural, a transaction processing platform that enables digital enterprises to leverage core systems in various ways; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and intelligent automated actions on fast-moving big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.

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Analyst Recommendations for Software (ETR:SOW)

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