Software AG (ETR:SOW) has received an average recommendation of “Hold” from the sixteen brokerages that are presently covering the stock, Marketbeat reports. Five 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 analysts that have covered the stock in the last year is €38.97 ($46.39).

Several equities analysts have recently weighed in on the stock. Credit Suisse Group set a €37.00 ($44.05) target price on shares of Software and gave the stock a “sell” rating in a research note on Thursday. UBS set a €42.50 ($50.60) target price on shares of Software and gave the stock a “buy” rating in a research note on Friday, September 29th. Hauck & Aufhaeuser set a €48.50 ($57.74) target price on shares of Software and gave the stock a “buy” rating in a research note on Wednesday, September 20th. Goldman Sachs Group set a €35.00 ($41.67) target price on shares of Software and gave the stock a “sell” rating in a research note on Thursday, September 14th. Finally, Oddo Bhf set a €45.00 ($53.57) target price on shares of Software and gave the stock a “buy” rating in a research note on Friday, September 8th.

Shares of Software (ETR:SOW) opened at €46.90 ($55.83) on Thursday. Software has a 1-year low of €30.28 ($36.05) and a 1-year high of €47.18 ($56.17).

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About Software

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.

Analyst Recommendations for Software (ETR:SOW)

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