Software AG (SOW) Given a €35.00 Price Target at Goldman Sachs Group, Inc. (The)
Software AG (ETR:SOW) received a €35.00 ($41.67) price objective from equities researchers at Goldman Sachs Group, Inc. (The) in a report released on Thursday. The brokerage currently has a “sell” rating on the stock.
A number of other research analysts have also issued reports on SOW. Societe Generale set a €31.00 ($36.90) target price on shares of Software AG and gave the stock a “sell” rating in a research report on Wednesday, June 7th. equinet AG set a €30.00 ($35.71) target price on shares of Software AG and gave the stock a “sell” rating in a research report on Thursday, June 22nd. Barclays PLC set a €31.00 ($36.90) target price on shares of Software AG and gave the stock a “sell” rating in a research report on Friday, July 7th. Baader Bank set a €45.00 ($53.57) target price on shares of Software AG and gave the stock a “buy” rating in a research report on Wednesday, July 12th. Finally, J P Morgan Chase & Co set a €40.00 ($47.62) target price on shares of Software AG and gave the stock a “neutral” rating in a research report on Monday, July 17th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. Software AG presently has an average rating of “Hold” and an average price target of €38.43 ($45.75).
Shares of Software AG (SOW) traded down 0.10% on Thursday, reaching €40.20. 686 shares of the company’s stock were exchanged. The company has a market cap of €2.97 billion and a price-to-earnings ratio of 21.59. Software AG has a 12 month low of €4.55 and a 12 month high of €43.25. The firm’s 50-day moving average price is €36.98 and its 200 day moving average price is €38.52.
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Software AG Company Profile
Software Aktiengesellschaft provides software development, licensing, and maintenance; and IT services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Architecture for Integrated Information Systems, a platform for business process analysis, governance, risk, and compliance management; Alfabet, an IT portfolio management platform that enables mapping of IT environment and planning and optimization of IT infrastructure; and webMethods, a platform for business process management, operational intelligence, and application programming interface management, as well as to integrate systems, partners, data, devices, and SaaS applications.
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