Warburg Research Reiterates “€41.00” Price Target for Software AG (SOW)
Software AG (ETR:SOW) has been assigned a €41.00 ($48.24) price target by Warburg Research in a research note issued to investors on Monday. The firm presently has a “buy” rating on the stock.
A number of other equities research analysts have also recently issued reports on the stock. Barclays PLC set a €31.00 ($36.47) price objective on shares of Software AG and gave the stock a “sell” rating in a report on Friday, July 7th. equinet AG set a €30.00 ($35.29) price objective on shares of Software AG and gave the stock a “sell” rating in a report on Thursday, June 22nd. Societe Generale set a €31.00 ($36.47) price target on shares of Software AG and gave the company a “sell” rating in a report on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.35) price target on shares of Software AG and gave the company a “sell” rating in a report on Saturday, May 20th. Finally, Independent Research GmbH set a €43.00 ($50.59) price target on shares of Software AG and gave the company a “neutral” rating in a report on Friday, July 21st. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Software AG currently has a consensus rating of “Hold” and an average target price of €37.46 ($44.07).
Shares of Software AG (ETR SOW) opened at 36.363 on Monday. Software AG has a 12 month low of €4.55 and a 12 month high of €43.25. The stock’s 50 day moving average price is €37.03 and its 200-day moving average price is €38.00. The stock has a market capitalization of €2.72 billion and a price-to-earnings ratio of 19.529.
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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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