Software (ETR:SOW) has been given a €50.00 ($59.52) target price by research analysts at Independent Research in a research note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 7.26% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on the company. Oddo Bhf set a €53.00 ($63.10) target price on Software and gave the stock a “buy” rating in a report on Tuesday. Morgan Stanley set a €44.00 ($52.38) target price on Software and gave the stock a “sell” rating in a report on Monday. Credit Suisse Group set a €37.00 ($44.05) target price on Software and gave the stock a “sell” rating in a report on Thursday, December 14th. UBS set a €42.50 ($50.60) target price on Software and gave the stock a “buy” rating in a report on Friday, September 29th. Finally, Hauck & Aufhaeuser set a €48.50 ($57.74) target price on Software and gave the stock a “buy” rating in a report on Wednesday, September 20th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €40.15 ($47.79).
Shares of Software (SOW) opened at €46.62 ($55.49) on Wednesday. Software has a twelve month low of €30.28 ($36.05) and a twelve month high of €48.00 ($57.14).
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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