UBS Group set a €38.00 ($44.19) price objective on Software (ETR:SOW) in a research note published on Friday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also issued reports on SOW. Baader Bank set a €54.00 ($62.79) price objective on Software and gave the company a buy rating in a research report on Wednesday, October 10th. Commerzbank set a €46.00 ($53.49) price objective on Software and gave the company a neutral rating in a research report on Friday, October 12th. Morgan Stanley set a €37.00 ($43.02) price objective on Software and gave the company a sell rating in a research report on Friday, October 19th. Goldman Sachs Group set a €37.00 ($43.02) price objective on Software and gave the company a sell rating in a research report on Friday, October 19th. Finally, JPMorgan Chase & Co. set a €43.00 ($50.00) price objective on Software and gave the company a neutral rating in a research report on Friday, October 19th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €42.32 ($49.20).
ETR:SOW traded down €0.17 ($0.20) during midday trading on Friday, reaching €32.16 ($37.40). 125,857 shares of the company traded hands, compared to its average volume of 271,805. Software has a twelve month low of €34.53 ($40.15) and a twelve month high of €49.80 ($57.91).
Software Aktiengesellschaft provides software development, licensing, and maintenance; and information (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Adabas & Natural, a transaction processing platform that enables digital enterprises to leverage core systems in various ways; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and intelligent automated actions on fast-moving big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.
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