Commerzbank Ag Reiterates €37.50 Price Target for Software AG (SOW)
Software AG (ETR:SOW) has been given a €37.50 ($43.10) target price by stock analysts at Commerzbank Ag in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.
Other analysts have also issued reports about the company. Baader Bank set a €45.00 ($51.72) target price on Software AG and gave the company a “buy” rating in a research report on Wednesday, July 12th. J P Morgan Chase & Co set a €40.00 ($45.98) price target on Software AG and gave the company a “neutral” rating in a research note on Monday. Societe Generale set a €31.00 ($35.63) price target on Software AG and gave the company a “sell” rating in a research note on Tuesday, July 11th. Barclays PLC set a €31.00 ($35.63) price target on Software AG and gave the company a “sell” rating in a research note on Friday, July 7th. Finally, equinet AG set a €30.00 ($34.48) price target on Software AG and gave the company a “sell” rating in a research note on Thursday, June 22nd. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Software AG currently has an average rating of “Hold” and an average price target of €35.79 ($41.13).
Software AG (ETR SOW) opened at 38.19 on Tuesday. The firm has a market capitalization of €2.90 billion and a PE ratio of 21.08. Software AG has a 52-week low of €4.55 and a 52-week high of €43.25. The stock’s 50 day moving average price is €41.77 and its 200 day moving average price is €37.14.
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Software AG Company Profile
Software AG is a Germany-based software developer and provider of information technology (IT) platforms for businesses. The Company operates in three segments: Digital Business Platform (DBP), Adabas & Natural and Consulting. The Digital Business Platform (DBP) segment focuses on integration, business process management and big data with the webMethods, Aris, Alfabet, Apama and Terracotta product families.
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