Software (ETR:SOW) has been assigned a €39.00 ($46.43) price target by Goldman Sachs Group in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock. Goldman Sachs Group’s price target points to a potential downside of 9.74% from the company’s previous close.
SOW has been the subject of several other reports. UBS Group set a €49.00 ($58.33) price objective on shares of Software and gave the company a “neutral” rating in a research note on Monday, January 8th. Credit Suisse Group set a €37.00 ($44.05) price objective on shares of Software and gave the company a “sell” rating in a research note on Thursday, December 14th. Oddo Bhf set a €53.00 ($63.10) price objective on shares of Software and gave the company a “buy” rating in a research note on Tuesday, December 19th. Morgan Stanley set a €44.00 ($52.38) price objective on shares of Software and gave the company a “sell” rating in a research note on Monday, December 18th. Finally, Independent Research set a €50.00 ($59.52) price objective on shares of Software and gave the company a “neutral” rating in a research note on Wednesday, December 20th. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €44.29 ($52.73).
Shares of Software (ETR:SOW) traded up €0.03 ($0.04) during midday trading on Thursday, hitting €43.21 ($51.44). 706,446 shares of the stock traded hands, compared to its average volume of 242,432. Software has a one year low of €30.28 ($36.05) and a one year high of €49.17 ($58.54). The stock has a market cap of $3,300.00 and a PE ratio of 22.98.
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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