Software (ETR:SOW) has been given a €45.00 ($53.57) target price by analysts at JPMorgan Chase & Co. in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 4.14% from the company’s previous close.
Several other equities analysts have also recently issued reports on SOW. Goldman Sachs Group set a €39.00 ($46.43) price objective on Software and gave the company a “sell” rating in a report on Thursday, January 18th. Commerzbank set a €37.50 ($44.64) price objective on Software and gave the company a “neutral” rating in a report on Thursday. UBS Group set a €42.50 ($50.60) price objective on Software and gave the company a “buy” rating in a report on Friday, September 29th. Oddo Bhf set a €53.00 ($63.10) price objective on Software and gave the company a “buy” rating in a report on Friday, January 19th. Finally, Barclays set a €39.00 ($46.43) price objective on Software and gave the company a “sell” rating in a report on Thursday, January 11th. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of €44.29 ($52.73).
Shares of Software (SOW) traded up €0.03 ($0.04) on Thursday, reaching €43.21 ($51.44). The company’s stock had a trading volume of 706,446 shares, compared to its average volume of 242,432. Software has a 12 month low of €30.28 ($36.05) and a 12 month high of €49.17 ($58.54). The firm has a market cap of $3,300.00 and a PE ratio of 22.98.
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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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