Software (ETR:SOW) has been given a €29.00 ($33.72) target price by equities researchers at HSBC in a research note issued to investors on Monday, July 22nd, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. HSBC’s target price suggests a potential upside of 17.89% from the company’s previous close.
A number of other equities research analysts have also weighed in on SOW. Kepler Capital Markets set a €42.00 ($48.84) price objective on shares of Software and gave the company a “buy” rating in a report on Friday, April 12th. Baader Bank set a €45.00 ($52.33) price objective on shares of Software and gave the company a “buy” rating in a report on Friday, July 19th. Barclays set a €33.50 ($38.95) price objective on shares of Software and gave the company a “buy” rating in a report on Monday, July 22nd. Oddo Bhf set a €45.00 ($52.33) price objective on shares of Software and gave the company a “buy” rating in a report on Monday, April 15th. Finally, Independent Research set a €36.00 ($41.86) price target on shares of Software and gave the company a “neutral” rating in a report on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €35.23 ($40.97).
Shares of SOW stock traded down €0.03 ($0.03) during trading hours on Monday, reaching €24.60 ($28.60). 183,521 shares of the company’s stock were exchanged, compared to its average volume of 271,805. The business’s 50 day moving average price is €27.69. The stock has a market cap of $1.82 billion and a P/E ratio of 11.23. The company has a current ratio of 1.44, a quick ratio of 1.40 and a debt-to-equity ratio of 29.64. Software has a fifty-two week low of €24.20 ($28.14) and a fifty-two week 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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