Software (ETR:SOW) Given a €34.00 Price Target by Baader Bank Analysts

Baader Bank set a €34.00 ($39.53) price objective on Software (ETR:SOW) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also commented on the company. UBS Group set a €35.00 ($40.70) price objective on Software and gave the company a buy rating in a research note on Wednesday, January 15th. Independent Research set a €30.00 ($34.88) price objective on Software and gave the company a neutral rating in a research note on Wednesday, October 23rd. Goldman Sachs Group set a €38.00 ($44.19) price objective on Software and gave the company a buy rating in a research note on Tuesday, November 5th. Credit Suisse Group set a €31.80 ($36.98) price objective on Software and gave the company a neutral rating in a research note on Monday, December 30th. Finally, Warburg Research set a €30.00 ($34.88) price objective on Software and gave the company a neutral rating in a research note on Monday, December 30th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Software presently has a consensus rating of Hold and a consensus price target of €33.64 ($39.11).

SOW opened at €33.74 ($39.23) on Tuesday. The company has a quick ratio of 1.52, a current ratio of 1.57 and a debt-to-equity ratio of 25.34. The firm has a market cap of $2.50 billion and a P/E ratio of 14.85. Software has a 52 week low of €22.80 ($26.51) and a 52 week high of €34.19 ($39.76). The business’s fifty day simple moving average is €31.78 and its 200 day simple moving average is €28.12.

About Software

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.

Read More: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for Software (ETR:SOW)

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