Goldman Sachs Group Reiterates €42.00 Price Target for Software (ETR:SOW)

Goldman Sachs Group set a €42.00 ($48.84) target price on Software (ETR:SOW) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on the company. Credit Suisse Group set a €32.40 ($37.67) price objective on Software and gave the company a neutral rating in a research report on Wednesday, February 5th. 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. 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. 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. Finally, HSBC set a €29.00 ($33.72) price objective on Software and gave the company a neutral rating in a research report on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €33.99 ($39.53).

SOW stock opened at €34.29 ($39.87) on Wednesday. Software has a twelve month low of €22.80 ($26.51) and a twelve month high of €34.19 ($39.76). The company has a quick ratio of 1.59, a current ratio of 1.66 and a debt-to-equity ratio of 21.85. The stock has a market cap of $2.54 billion and a P/E ratio of 16.41. The business’s 50-day moving average price is €32.36 and its 200-day moving average price is €28.61.

About Software

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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