Software (ETR:SOW) PT Set at €34.00 by Goldman Sachs Group

Goldman Sachs Group set a €34.00 ($39.53) target price on Software (ETR:SOW) in a report issued on Friday, July 19th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also commented on SOW. HSBC set a €34.00 ($39.53) price objective on shares of Software and gave the stock a neutral rating in a research note on Tuesday, June 25th. Warburg Research set a €45.00 ($52.33) price objective on shares of Software and gave the stock a buy rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. set a €30.00 ($34.88) price objective on shares of Software and gave the stock a neutral rating in a research note on Tuesday, April 23rd. Baader Bank set a €45.00 ($52.33) target price on shares of Software and gave the company a buy rating in a research note on Friday, July 19th. Finally, Independent Research set a €36.00 ($41.86) target price on shares of Software and gave the company a neutral rating in a research note on Wednesday, April 24th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. Software has an average rating of Hold and an average target price of €35.23 ($40.97).

Software stock opened at €24.65 ($28.66) on Friday. The business has a 50 day simple moving average of €28.03. Software has a 1 year low of €24.90 ($28.95) and a 1 year high of €44.19 ($51.38). The company has a debt-to-equity ratio of 29.64, a quick ratio of 1.40 and a current ratio of 1.44. The firm has a market capitalization of $1.82 billion and a price-to-earnings ratio of 11.26.

About Software

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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Analyst Recommendations for Software (ETR:SOW)

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