Software (ETR:SOW) PT Set at €38.00 by UBS Group
UBS Group set a €38.00 ($44.19) price objective on Software (ETR:SOW) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts also recently commented on SOW. Kepler Capital Markets set a €42.00 ($48.84) price objective on Software and gave the stock a buy rating in a research note on Friday, April 12th. Warburg Research set a €45.00 ($52.33) price objective on Software and gave the stock a buy rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. set a €54.00 ($62.79) price objective on Axel Springer and gave the stock a neutral rating in a research note on Tuesday, April 23rd. Deutsche Bank reaffirmed a buy rating and set a $18.00 price objective on shares of STMicroelectronics in a research note on Monday, April 15th. Finally, Oddo Bhf set a €45.00 ($52.33) price objective on Software and gave the stock a buy rating in a research note on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €38.41 ($44.66).
Software stock traded up €0.31 ($0.36) during mid-day trading on Monday, hitting €29.48 ($34.28). 165,698 shares of the company’s stock were exchanged, compared to its average volume of 271,805. The firm has a market capitalization of $2.18 billion and a price-to-earnings ratio of 13.26. Software has a fifty-two week low of €28.83 ($33.52) and a fifty-two week high of €44.19 ($51.38). The company has a quick ratio of 1.56, a current ratio of 1.62 and a debt-to-equity ratio of 23.71. The company has a 50 day moving average price of €30.10.
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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