Baader Bank set a €45.00 ($52.33) price target on Software (ETR:SOW) in a report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. set a €54.00 ($62.79) price target on shares of Axel Springer and gave the company a neutral rating in a research report on Tuesday, April 23rd. Barclays reissued an underweight rating and set a GBX 600 ($7.84) price target on shares of in a research report on Monday, July 8th. Kepler Capital Markets set a €42.00 ($48.84) target price on shares of Software and gave the stock a buy rating in a report on Friday, April 12th. Oddo Bhf set a €45.00 ($52.33) target price on shares of Software and gave the stock a buy rating in a report on Monday, April 15th. Finally, UBS Group raised their target price on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a report on Monday, July 8th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €38.36 ($44.60).
Shares of SOW opened at €25.76 ($29.95) on Friday. The company has a market capitalization of $1.91 billion and a P/E ratio of 11.58. The company has a quick ratio of 1.56, a current ratio of 1.62 and a debt-to-equity ratio of 23.71. The firm’s 50 day moving average price is €29.81. Software has a twelve month low of €28.83 ($33.52) and a twelve month 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.
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