Hauck & Aufhaeuser set a €48.50 ($57.74) price objective on Software AG (ETR:SOW) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on SOW. Societe Generale set a €31.00 ($36.90) price target on shares of Software AG and gave the stock a sell rating in a report on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.86) price target on shares of Software AG and gave the stock a sell rating in a report on Thursday, June 22nd. equinet AG set a €30.00 ($35.71) price target on shares of Software AG and gave the stock a sell rating in a report on Thursday, June 22nd. Barclays PLC set a €31.00 ($36.90) price target on shares of Software AG and gave the stock a sell rating in a report on Friday, July 7th. Finally, Baader Bank set a €45.00 ($53.57) price target on shares of Software AG and gave the stock a buy rating in a report on Wednesday, July 12th. Four analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €39.10 ($46.55).

Shares of Software AG (SOW) opened at 40.574 on Wednesday. The firm’s 50-day moving average is €37.17 and its 200-day moving average is €38.63. Software AG has a 12 month low of €4.55 and a 12 month high of €43.25. The company has a market cap of €3.00 billion and a PE ratio of 21.791.

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About Software AG

Software Aktiengesellschaft provides software development, licensing, and maintenance; and IT services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Architecture for Integrated Information Systems, a platform for business process analysis, governance, risk, and compliance management; Alfabet, an IT portfolio management platform that enables mapping of IT environment and planning and optimization of IT infrastructure; and webMethods, a platform for business process management, operational intelligence, and application programming interface management, as well as to integrate systems, partners, data, devices, and SaaS applications.

Analyst Recommendations for Software AG (ETR:SOW)

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