Software AG (ETR:SOW) has been assigned a €45.00 ($51.14) price objective by Baader Bank in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.
Other research analysts also recently issued research reports about the company. Goldman Sachs Group, Inc. (The) set a €36.00 ($40.91) price objective on Software AG and gave the company a “sell” rating in a research note on Thursday, June 22nd. Barclays PLC set a €31.00 ($35.23) target price on shares of Software AG and gave the company a “sell” rating in a research report on Friday, July 7th. equinet AG set a €30.00 ($34.09) target price on shares of Software AG and gave the company a “sell” rating in a research report on Thursday, June 22nd. Finally, Societe Generale set a €31.00 ($35.23) target price on shares of Software AG and gave the company a “sell” rating in a research report on Wednesday, June 7th. Four investment analysts have rated the stock with a sell rating and one has given a buy rating to the company. Software AG presently has a consensus rating of “Sell” and an average target price of €34.60 ($39.32).
Shares of Software AG (SOW) opened at 38.073 on Wednesday. The firm has a 50-day moving average of €41.77 and a 200 day moving average of €37.14. The firm has a market cap of €2.89 billion and a PE ratio of 21.012. Software AG has a 52-week low of €4.55 and a 52-week high of €43.25.
About Software AG
Software AG is a Germany-based software developer and provider of information technology (IT) platforms for businesses. The Company operates in three segments: Digital Business Platform (DBP), Adabas & Natural and Consulting. The Digital Business Platform (DBP) segment focuses on integration, business process management and big data with the webMethods, Aris, Alfabet, Apama and Terracotta product families.
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