Software (ETR:SOW) received a €39.00 ($46.43) price target from stock analysts at Barclays in a research note issued on Thursday. The brokerage presently has a “sell” rating on the stock. Barclays’ target price points to a potential downside of 19.15% from the company’s previous close.
Other equities research analysts have also recently issued research reports about the stock. UBS Group set a €42.50 ($50.60) target price on shares of Software and gave the company a “buy” rating in a research report on Friday, September 29th. Hauck & Aufhaeuser set a €48.50 ($57.74) target price on shares of Software and gave the company a “buy” rating in a research report on Wednesday, September 20th. Oddo Bhf set a €53.00 ($63.10) target price on shares of Software and gave the company a “buy” rating in a research report on Tuesday, December 19th. Baader Bank set a €55.00 ($65.48) price target on shares of Software and gave the company a “buy” rating in a research note on Friday, January 5th. Finally, Warburg Research set a €58.00 ($69.05) price target on shares of Software and gave the company a “buy” rating in a research note on Friday, January 5th. Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €42.88 ($51.05).
Shares of Software (SOW) opened at €48.24 ($57.43) on Thursday. Software has a 52-week low of €30.28 ($36.05) and a 52-week high of €48.31 ($57.51). The company has a market cap of $3,670.00 and a P/E ratio of 25.52.
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Software Aktiengesellschaft provides software development, licensing, and maintenance; and IT services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Architecture for Integrated Information Systems, a platform for business process analysis, governance, risk, and compliance management; Alfabet, an IT portfolio management platform that enables mapping of IT environment and planning and optimization of IT infrastructure; and webMethods, a platform for business process management, operational intelligence, and application programming interface management, as well as to integrate systems, partners, data, devices, and SaaS applications.
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