Software (ETR:SOW) has been assigned a €55.00 ($67.90) target price by Baader Bank in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price objective suggests a potential upside of 37.09% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Societe Generale set a €38.00 ($46.91) price objective on shares of Software and gave the stock a “sell” rating in a research note on Tuesday, March 13th. Warburg Research set a €58.00 ($71.60) price objective on shares of Software and gave the stock a “buy” rating in a research note on Tuesday, March 13th. Commerzbank set a €37.50 ($46.30) price objective on shares of Software and gave the stock a “neutral” rating in a research note on Monday. Credit Suisse Group set a €36.00 ($44.44) price objective on shares of Software and gave the stock a “sell” rating in a research note on Monday. Finally, Kepler Capital Markets set a €54.00 ($66.67) price objective on shares of Software and gave the stock a “buy” rating in a research note on Monday. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. Software presently has a consensus rating of “Hold” and a consensus target price of €43.83 ($54.12).

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Shares of Software stock opened at €40.12 ($49.53) on Tuesday. Software has a 12-month low of €34.53 ($42.63) and a 12-month high of €49.80 ($61.48).

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Software Company Profile

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 (ETR:SOW)

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