Software (ETR:SOW) has been given a €34.00 ($39.53) price objective by investment analysts at Baader Bank in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target points to a potential upside of 3.53% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the stock. Barclays set a €35.50 ($41.28) price target on shares of Software and gave the company a “buy” rating in a research note on Friday, January 10th. Warburg Research set a €30.00 ($34.88) price target on shares of Software and gave the company a “neutral” rating in a research note on Monday, December 30th. Independent Research set a €30.00 ($34.88) price target on shares of Software and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Kepler Capital Markets set a €36.00 ($41.86) price target on shares of Software and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, Morgan Stanley set a €30.00 ($34.88) price objective on shares of Software and gave the company a “neutral” rating in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €33.33 ($38.76).
Software stock opened at €32.84 ($38.19) on Tuesday. The company has a market cap of $2.45 billion and a price-to-earnings ratio of 14.45. The firm’s fifty day moving average is €31.55 and its 200 day moving average is €28.06. The company has a quick ratio of 1.52, a current ratio of 1.57 and a debt-to-equity ratio of 25.34. Software has a 52-week low of €22.80 ($26.51) and a 52-week high of €35.22 ($40.95).
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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