Software AG (ETR:SOW) received a €40.00 ($45.45) price objective from equities researchers at J P Morgan Chase & Co in a report released on Monday. The firm presently has a “neutral” rating on the stock.

A number of other research firms have also recently weighed in on SOW. Baader Bank set a €45.00 ($51.14) price target on shares of Software AG and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Societe Generale set a €31.00 ($35.23) price target on shares of Software AG and gave the stock a “sell” rating in a research note on Tuesday, July 11th. Barclays PLC set a €31.00 ($35.23) price target on shares of Software AG and gave the stock a “sell” rating in a research note on Friday, July 7th. equinet AG set a €30.00 ($34.09) price target on shares of Software AG and gave the stock a “sell” rating in a research note on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) set a €36.00 ($40.91) price target on shares of Software AG and gave the stock a “sell” rating in a research note on Thursday, June 22nd. Four research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. Software AG currently has a consensus rating of “Hold” and a consensus target price of €35.50 ($40.34).

Shares of Software AG (ETR:SOW) traded down 0.253% during mid-day trading on Monday, hitting €38.223. 552 shares of the stock traded hands. Software AG has a 12-month low of €4.55 and a 12-month high of €43.25. The firm has a market cap of €2.90 billion and a price-to-earnings ratio of 21.094. The firm’s 50 day moving average price is €41.77 and its 200 day moving average price is €37.14.

ILLEGAL ACTIVITY NOTICE: This report was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2017/07/17/software-ag-sow-given-a-40-00-price-target-at-j-p-morgan-chase-co.html.

About Software AG

Software AG is a Germany-based software developer and provider of information technology (IT) platforms for businesses. The Company operates in three segments: Digital Business Platform (DBP), Adabas & Natural and Consulting. The Digital Business Platform (DBP) segment focuses on integration, business process management and big data with the webMethods, Aris, Alfabet, Apama and Terracotta product families.

Analyst Recommendations for Software AG (ETR:SOW)

Receive News & Ratings for Software AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Software AG and related companies with MarketBeat.com's FREE daily email newsletter.