Software AG (SOW) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Software AG (ETR:SOW) have received a consensus rating of “Hold” from the fifteen analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is €39.10 ($46.00).
A number of equities research analysts have weighed in on the company. Barclays PLC set a €31.00 ($36.47) price objective on Software AG and gave the company a “sell” rating in a report on Friday, July 7th. Societe Generale set a €31.00 ($36.47) price objective on Software AG and gave the company a “sell” rating in a report on Tuesday, July 11th. Baader Bank set a €45.00 ($52.94) price objective on Software AG and gave the company a “buy” rating in a report on Wednesday, July 12th. J P Morgan Chase & Co set a €40.00 ($47.06) price objective on Software AG and gave the company a “neutral” rating in a report on Monday, July 17th. Finally, Commerzbank Ag set a €37.50 ($44.12) price objective on Software AG and gave the company a “neutral” rating in a report on Tuesday, July 18th.
Shares of Software AG (ETR SOW) traded up 0.608% on Wednesday, reaching €43.983. The company had a trading volume of 3,407 shares. Software AG has a 52-week low of €4.55 and a 52-week high of €44.29. The company has a 50-day moving average price of €40.51 and a 200-day moving average price of €39.45. The firm has a market capitalization of €3.25 billion and a PE ratio of 23.621.
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About Software AG
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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