Shares of Software AG (ETR:SOW) have been assigned an average rating of “Buy” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is €33.32 ($38.74).
SOW has been the subject of a number of recent analyst reports. Goldman Sachs Group set a €38.00 ($44.19) price target on shares of Software and gave the company a “buy” rating in a research report on Tuesday, November 5th. Baader Bank set a €34.00 ($39.53) price objective on Software and gave the company a “buy” rating in a research note on Tuesday, October 29th. Morgan Stanley set a €30.80 ($35.81) target price on Software and gave the stock a “neutral” rating in a research report on Thursday. HSBC set a €29.00 ($33.72) target price on Software and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Independent Research set a €30.00 ($34.88) price target on Software and gave the company a “neutral” rating in a report on Wednesday, October 23rd.
ETR:SOW traded up €0.20 ($0.23) during trading hours on Monday, hitting €31.44 ($36.56). The stock had a trading volume of 168,014 shares, compared to its average volume of 271,805. The company has a 50 day simple moving average of €30.12 and a two-hundred day simple moving average of €27.72. The company has a debt-to-equity ratio of 25.34, a current ratio of 1.57 and a quick ratio of 1.52. Software has a one year low of €22.80 ($26.51) and a one year high of €35.22 ($40.95). The firm has a market capitalization of $2.33 billion and a price-to-earnings ratio of 13.84.
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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