Software (ETR:SOW) has been assigned a €35.00 ($40.70) price target by analysts at UBS Group in a research report issued to clients and investors on Wednesday, July 24th, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 43.44% from the company’s previous close.
Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €26.00 ($30.23) target price on Software and gave the stock a “neutral” rating in a research report on Monday, July 22nd. Baader Bank set a €45.00 ($52.33) price objective on Software and gave the stock a “buy” rating in a research note on Friday, July 19th. Oddo Bhf set a €45.00 ($52.33) target price on Software and gave the company a “buy” rating in a research note on Monday, April 15th. Barclays set a €33.50 ($38.95) price target on Software and gave the company a “buy” rating in a report on Monday, July 22nd. Finally, Warburg Research set a €30.00 ($34.88) price target on Software and gave the company a “buy” rating in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €35.23 ($40.97).
ETR:SOW traded up €0.74 ($0.86) on Wednesday, hitting €24.40 ($28.37). The stock had a trading volume of 222,578 shares, compared to its average volume of 271,805. The stock has a market cap of $1.81 billion and a price-to-earnings ratio of 11.14. The company has a quick ratio of 1.40, a current ratio of 1.44 and a debt-to-equity ratio of 29.64. The business’s 50-day simple moving average is €27.22 and its two-hundred day simple moving average is €30.36. Software has a 52-week low of €24.20 ($28.14) and a 52-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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