Software (ETR:SOW) has been given a €53.00 ($63.10) price target by stock analysts at Oddo Bhf in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock. Oddo Bhf’s target price suggests a potential upside of 8.85% from the company’s current price.
A number of other research firms have also weighed in on SOW. Barclays set a €39.00 ($46.43) target price on shares of Software and gave the stock a “sell” rating in a report on Thursday, January 11th. JPMorgan Chase & Co. set a €45.00 ($53.57) target price on shares of Software and gave the stock a “neutral” rating in a report on Monday, January 8th. Baader Bank set a €55.00 ($65.48) target price on shares of Software and gave the stock a “buy” rating in a report on Friday, January 5th. Warburg Research set a €58.00 ($69.05) target price on shares of Software and gave the stock a “buy” rating in a report on Friday, January 5th. Finally, UBS Group set a €49.00 ($58.33) target price on shares of Software and gave the stock a “neutral” rating in a report on Monday, January 8th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €43.12 ($51.33).
Software (ETR SOW) traded up €0.82 ($0.98) during trading on Friday, hitting €48.69 ($57.96). 398,812 shares of the stock were exchanged, compared to its average volume of 227,017. The stock has a market capitalization of $3,720.00 and a price-to-earnings ratio of 25.76. Software has a one year low of €30.28 ($36.05) and a one year high of €49.80 ($59.29).
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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