Baader Bank Analysts Give Software AG (SOW) a €45.00 Price Target
Software AG (ETR:SOW) received a €45.00 ($51.72) price target from equities research analysts at Baader Bank in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock.
A number of other equities research analysts also recently weighed in on SOW. equinet AG set a €30.00 ($34.48) price target on Software AG and gave the company a “sell” rating in a report on Tuesday. Commerzbank Ag set a €37.50 ($43.10) price target on Software AG and gave the company a “neutral” rating in a report on Tuesday. J P Morgan Chase & Co set a €40.00 ($45.98) price target on Software AG and gave the company a “neutral” rating in a report on Monday. Societe Generale set a €31.00 ($35.63) price target on Software AG and gave the company a “sell” rating in a report on Tuesday, July 11th. Finally, Barclays PLC set a €31.00 ($35.63) price target on Software AG and gave the company a “sell” rating in a report on Friday, July 7th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €35.79 ($41.13).
Shares of Software AG (ETR SOW) opened at 38.053 on Tuesday. Software AG has a 12-month low of €4.55 and a 12-month high of €43.25. The firm has a market capitalization of €2.89 billion and a P/E ratio of 21.001. The stock has a 50 day moving average price of €41.77 and a 200 day moving average price of €37.14.
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.
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