UBS Group Reiterates “€45.00” Price Target for Software (ETR:SOW)

UBS Group set a €45.00 ($50.56) price objective on Software (ETR:SOW) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. set a €37.00 ($41.57) price objective on Software and gave the stock a neutral rating in a research note on Tuesday, July 28th. Goldman Sachs Group set a €40.00 ($44.94) price target on Software and gave the company a buy rating in a research note on Wednesday, July 22nd. Credit Suisse Group set a €37.00 ($41.57) price target on Software and gave the company a neutral rating in a research note on Wednesday, July 22nd. Warburg Research set a €30.00 ($33.71) price target on Software and gave the company a neutral rating in a research note on Wednesday, July 22nd. Finally, Deutsche Bank set a €31.00 ($34.83) price target on Software and gave the company a neutral rating in a research note on Wednesday, May 6th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €36.42 ($40.92).

Software stock opened at €39.60 ($44.49) on Thursday. The company has a debt-to-equity ratio of 17.75, a quick ratio of 1.66 and a current ratio of 1.75. The business’s 50-day simple moving average is €36.84 and its 200-day simple moving average is €32.40. The firm has a market capitalization of $2.93 billion and a PE ratio of 19.83. Software has a 52 week low of €21.60 ($24.27) and a 52 week high of €41.54 ($46.67).

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.

Recommended Story: Is the QQQ ETF safe?

Analyst Recommendations for Software (ETR:SOW)

Receive News & Ratings for Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Software and related companies with MarketBeat.com's FREE daily email newsletter.