Software AG (OTCMKTS:STWRY) Receives Average Rating of “Hold” from Analysts
Shares of Software AG (OTCMKTS:STWRY) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.
STWRY has been the topic of a number of research analyst reports. DZ Bank reaffirmed a “sell” rating on shares of Sartorius in a report on Friday, July 19th. Morgan Stanley reduced their target price on Walgreens Boots Alliance from $67.00 to $61.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 3rd. Credit Suisse Group increased their price target on Beyond Meat from $70.00 to $125.00 in a research note on Friday, June 7th. Barclays upgraded Software from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 22nd. Finally, UBS Group reiterated a “hold” rating on shares of Deutsche Bank in a research note on Thursday, April 4th.
Shares of STWRY stock remained flat at $$7.00 during trading hours on Friday. The stock’s fifty day moving average price is $8.23. Software has a twelve month low of $6.92 and a twelve month high of $12.72.
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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