Software AG (ETR:SOW) Given a €38.00 Price Target by Warburg Research Analysts
Software AG (ETR:SOW) has been given a €38.00 ($43.68) price objective by research analysts at Warburg Research in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the stock.
Several other equities analysts have also recently weighed in on SOW. Goldman Sachs Group, Inc. (The) set a €36.00 ($41.38) target price on shares of Software AG and gave the company a “sell” rating in a research note on Saturday, May 20th. Societe Generale set a €31.00 ($35.63) target price on shares of Software AG and gave the company a “sell” rating in a research note on Wednesday, June 7th. equinet AG set a €30.00 ($34.48) target price on shares of Software AG and gave the company a “sell” rating in a research note on Thursday, June 22nd. Barclays PLC set a €31.00 ($35.63) target price on shares of Software AG and gave the company a “sell” rating in a research note on Friday, July 7th. Finally, Baader Bank set a €45.00 ($51.72) target price on shares of Software AG and gave the company a “buy” rating in a research note on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €36.17 ($41.57).
Software AG (SOW) traded up 0.30% during mid-day trading on Tuesday, hitting €38.21. 20,377 shares of the stock were exchanged. The company has a 50-day moving average of €41.77 and a 200-day moving average of €37.14. Software AG has a 52 week low of €4.55 and a 52 week high of €43.25. The stock has a market capitalization of €2.90 billion and a PE ratio of 21.09.
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Software AG Company Profile
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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