HSBC set a €34.00 ($39.53) price target on Software (ETR:SOW) in a research report released on Tuesday, June 25th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also issued reports on SOW. Independent Research set a €36.00 ($41.86) target price on Software and gave the stock a neutral rating in a research note on Wednesday, April 24th. Baader Bank set a €112.00 ($130.23) target price on Bechtle and gave the stock a buy rating in a research note on Tuesday, May 21st. Kepler Capital Markets set a €42.00 ($48.84) target price on Software and gave the stock a buy rating in a research note on Friday, April 12th. Oddo Bhf set a €45.00 ($52.33) target price on Software and gave the stock a buy rating in a research note on Monday, April 15th. Finally, Deutsche Bank reaffirmed a buy rating and issued a $18.00 target price on shares of STMicroelectronics in a research note on Monday, April 15th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €38.41 ($44.66).
Shares of ETR SOW traded down €0.21 ($0.24) during midday trading on Tuesday, hitting €29.45 ($34.24). 102,143 shares of the company’s stock were exchanged, compared to its average volume of 271,805. The stock has a market capitalization of $2.18 billion and a P/E ratio of 13.24. The firm has a fifty day moving average price of €29.92. The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 23.71. Software has a 12-month low of €28.83 ($33.52) and a 12-month high of €44.19 ($51.38).
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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