Software (SOW) Given a €55.00 Price Target by Baader Bank Analysts

Software (ETR:SOW) received a €55.00 ($65.48) target price from investment analysts at Baader Bank in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target would indicate a potential upside of 14.18% from the stock’s previous close.

Several other equities research analysts have also commented on the stock. Warburg Research set a €58.00 ($69.05) price objective on shares of Software and gave the stock a “buy” rating in a research report on Friday. Independent Research set a €50.00 ($59.52) price objective on shares of Software and gave the stock a “neutral” rating in a research report on Tuesday, December 26th. Oddo Bhf set a €53.00 ($63.10) price objective on shares of Software and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Morgan Stanley set a €44.00 ($52.38) price objective on shares of Software and gave the stock a “sell” rating in a research report on Monday, December 18th. Finally, Credit Suisse Group set a €37.00 ($44.05) price objective on shares of Software and gave the stock a “sell” rating in a research report on Thursday, December 14th. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €41.74 ($49.68).

Software (ETR:SOW) traded up €0.17 ($0.20) during mid-day trading on Friday, hitting €48.17 ($57.35). 473,118 shares of the stock traded hands, compared to its average volume of 214,919. The stock has a market cap of $3,680.00 and a P/E ratio of 25.49. Software has a fifty-two week low of €30.28 ($36.05) and a fifty-two week high of €48.38 ($57.60).

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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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