Warburg Research set a €45.00 ($52.33) price objective on Software (ETR:SOW) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also recently commented on SOW. Morgan Stanley set a €34.50 ($40.12) price target on shares of Software and gave the stock a sell rating in a report on Monday, December 17th. Baader Bank set a €54.00 ($62.79) price target on shares of Software and gave the stock a buy rating in a report on Tuesday, December 18th. Independent Research set a €34.50 ($40.12) price target on shares of Software and gave the stock a neutral rating in a report on Thursday, December 20th. Kepler Capital Markets set a €44.00 ($51.16) price target on shares of Software and gave the stock a buy rating in a report on Monday, January 7th. Finally, JPMorgan Chase & Co. set a €34.00 ($39.53) price target on shares of Software and gave the stock a neutral rating in a report on Thursday, January 10th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of €39.76 ($46.24).
ETR SOW opened at €33.19 ($38.59) on Tuesday. The company has a current ratio of 1.48, a quick ratio of 1.42 and a debt-to-equity ratio of 25.29. The stock has a market capitalization of $2.46 billion and a PE ratio of 14.89. Software has a 12 month low of €29.41 ($34.20) and a 12 month high of €44.39 ($51.62).
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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