Software (ETR:SOW) has been assigned a €45.00 ($52.33) target price by stock analysts at Baader Bank in a note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Baader Bank’s target price would indicate a potential upside of 74.69% from the stock’s previous close.
Several other research analysts also recently commented on SOW. Deutsche Bank reaffirmed a “buy” rating and set a $18.00 target price on shares of STMicroelectronics in a report on Monday, April 15th. JPMorgan Chase & Co. set a €54.00 ($62.79) target price on Axel Springer and gave the stock a “neutral” rating in a report on Tuesday, April 23rd. Warburg Research set a €45.00 ($52.33) target price on Software and gave the stock a “buy” rating in a report on Tuesday, April 16th. UBS Group lifted their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Finally, Independent Research set a €36.00 ($41.86) price objective on Software and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €38.36 ($44.60).
Shares of SOW opened at €25.76 ($29.95) on Friday. The firm has a market cap of $1.91 billion and a P/E ratio of 11.58. Software has a 12 month low of €28.83 ($33.52) and a 12 month high of €44.19 ($51.38). The stock’s 50-day moving average is €29.81. The company has a debt-to-equity ratio of 23.71, a current ratio of 1.62 and a quick ratio of 1.56.
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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