Software (ETR:SOW) has been given a €45.00 ($53.57) price target by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday, January 8th. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential downside of 6.23% from the stock’s previous close.
A number of other brokerages also recently commented on SOW. Goldman Sachs Group set a €35.00 ($41.67) price objective on shares of Software and gave the stock a “sell” rating in a research note on Thursday, September 14th. Baader Bank set a €55.00 ($65.48) price objective on shares of Software and gave the stock a “buy” rating in a research note on Friday, January 5th. Independent Research set a €50.00 ($59.52) price objective on shares of Software and gave the stock a “neutral” rating in a research note on Tuesday, December 26th. Warburg Research set a €58.00 ($69.05) price target on Software and gave the stock a “buy” rating in a research report on Friday, January 5th. Finally, UBS Group set a €42.50 ($50.60) price target on Software and gave the stock a “buy” rating in a research report on Friday, September 29th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. Software presently has a consensus rating of “Hold” and a consensus price target of €42.88 ($51.05).
Software (ETR SOW) traded down €0.11 ($0.13) during mid-day trading on Monday, hitting €47.99 ($57.13). 248,864 shares of the stock traded hands, compared to its average volume of 232,243. The stock has a market cap of $3,670.00 and a price-to-earnings ratio of 25.39. Software has a twelve month low of €30.28 ($36.05) and a twelve month high of €48.35 ($57.56).
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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