Goldman Sachs Group set a €42.00 ($48.84) target price on Software (ETR:SOW) in a research report report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts also recently commented on SOW. Independent Research set a €31.00 ($36.05) price objective on Software and gave the company a neutral rating in a research report on Friday, January 31st. UBS Group set a €38.00 ($44.19) price objective on Software and gave the company a buy rating in a research report on Thursday, February 6th. Barclays set a €35.50 ($41.28) price objective on Software and gave the company a buy rating in a research report on Wednesday, January 29th. Kepler Capital Markets set a €36.00 ($41.86) price objective on Software and gave the company a buy rating in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. set a €30.00 ($34.88) price objective on Software and gave the company a neutral rating in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €33.99 ($39.53).
ETR SOW opened at €34.29 ($39.87) on Wednesday. The company has a market cap of $2.54 billion and a P/E ratio of 16.41. The company has a debt-to-equity ratio of 21.85, a quick ratio of 1.59 and a current ratio of 1.66. The business’s 50 day moving average price is €32.36 and its 200-day moving average price is €28.61. Software has a fifty-two week low of €22.80 ($26.51) and a fifty-two week high of €34.19 ($39.76).
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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