UBS Group set a €38.00 ($44.19) target price on Software (ETR:SOW) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also issued reports about the company. HSBC set a €16.50 ($19.19) price objective on Deutsche Lufthansa and gave the stock a neutral rating in a report on Tuesday, June 25th. Baader Bank set a €112.00 ($130.23) price objective on Bechtle and gave the stock a buy rating in a report on Tuesday, May 21st. Deutsche Bank reissued a buy rating and set a $18.00 price objective on shares of STMicroelectronics in a report on Monday, April 15th. Goldman Sachs Group reissued a hold rating and set a $80.00 price objective on shares of Exxon Mobil in a report on Monday, April 29th. Finally, Barclays boosted their price objective on from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an overweight rating in a report on Monday. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €38.41 ($44.66).
Shares of SOW opened at €29.64 ($34.47) on Monday. The company has a debt-to-equity ratio of 23.71, a current ratio of 1.62 and a quick ratio of 1.56. The business’s 50 day moving average is €30.06. The company has a market cap of $2.19 billion and a price-to-earnings ratio of 13.33. Software has a 52 week low of €28.83 ($33.52) and a 52 week high of €44.19 ($51.38).
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.
Further Reading: Can systematic risk be avoided?
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