UBS set a €46.00 ($56.79) price target on Software (ETR:SOW) in a research report released on Friday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also issued reports on SOW. Credit Suisse Group set a €37.00 ($45.68) price target on Software and gave the stock a sell rating in a research note on Thursday, December 14th. Morgan Stanley set a €44.00 ($54.32) price target on Software and gave the stock a sell rating in a research note on Monday, December 18th. Oddo Bhf set a €53.00 ($65.43) price target on Software and gave the stock a buy rating in a research note on Tuesday, December 19th. Independent Research set a €50.00 ($61.73) price target on Software and gave the stock a neutral rating in a research note on Wednesday, December 20th. Finally, Warburg Research set a €58.00 ($71.60) price target on Software and gave the stock a buy rating in a research note on Friday, January 5th. Six analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. Software has an average rating of Hold and a consensus price target of €43.83 ($54.12).
ETR:SOW opened at €40.12 ($49.53) on Friday. Software has a 52-week low of €34.53 ($42.63) and a 52-week high of €49.80 ($61.48).
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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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