Baader Bank Analysts Give Software (ETR:SOW) a €34.00 Price Target

Baader Bank set a €34.00 ($39.53) price target on Software (ETR:SOW) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. Credit Suisse Group set a €31.80 ($36.98) target price on shares of Software and gave the stock a neutral rating in a research report on Monday, December 30th. Goldman Sachs Group set a €38.00 ($44.19) target price on shares of Software and gave the stock a buy rating in a research report on Tuesday, November 5th. HSBC set a €29.00 ($33.72) target price on shares of Software and gave the stock a neutral rating in a research report on Wednesday, October 23rd. Kepler Capital Markets set a €36.00 ($41.86) target price on shares of Software and gave the stock a buy rating in a research report on Tuesday, December 17th. Finally, Barclays set a €35.50 ($41.28) target price on shares of Software and gave the stock a buy rating in a research report on Friday, January 10th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of €33.33 ($38.76).

Shares of ETR SOW opened at €33.38 ($38.81) on Tuesday. The firm has a market capitalization of $2.47 billion and a P/E ratio of 14.69. Software has a one year low of €22.80 ($26.51) and a one year high of €34.19 ($39.76). The company’s fifty day moving average is €31.73 and its two-hundred day moving average is €28.10. The company has a debt-to-equity ratio of 25.34, a quick ratio of 1.52 and a current ratio of 1.57.

Software Company Profile

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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Analyst Recommendations for Software (ETR:SOW)

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