Shares of Software AG (ETR:SOW) have been assigned an average rating of “Hold” from the eighteen research firms that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €44.22 ($54.60).
SOW has been the subject of several research reports. Oddo Bhf set a €53.00 ($65.43) target price on Software and gave the company a “buy” rating in a report on Friday, January 19th. Warburg Research set a €58.00 ($71.60) price objective on Software and gave the company a “buy” rating in a research note on Thursday, January 11th. Baader Bank set a €55.00 ($67.90) price objective on Software and gave the company a “buy” rating in a research note on Friday, January 5th. Kepler Capital Markets set a €52.00 ($64.20) price objective on Software and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, Independent Research set a €50.00 ($61.73) price objective on Software and gave the company a “neutral” rating in a research note on Tuesday, December 26th.
Shares of Software (ETR SOW) traded up €0.36 ($0.44) during midday trading on Tuesday, reaching €42.50 ($52.47). The company’s stock had a trading volume of 118,967 shares, compared to its average volume of 329,600. The stock has a market cap of $3,250.00 and a P/E ratio of 22.61. Software has a 12 month low of €34.27 ($42.31) and a 12 month high of €49.80 ($61.48).
Software Company Profile
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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