Commerzbank set a €37.50 ($46.30) target price on Software (ETR:SOW) in a research report released on Monday. The brokerage currently has a neutral rating on the stock.

Several other equities analysts also recently weighed in on the company. Barclays set a €39.00 ($48.15) price target on Software and gave the stock a sell rating in a research report on Friday. UBS set a €46.00 ($56.79) price target on Software and gave the stock a neutral rating in a research report on Friday. Baader Bank set a €55.00 ($67.90) price target on Software and gave the stock a buy rating in a research report on Wednesday, April 11th. Goldman Sachs set a €38.00 ($46.91) price target on Software and gave the stock a sell rating in a research report on Friday, April 6th. Finally, Warburg Research set a €58.00 ($71.60) price target on Software and gave the stock a buy rating in a research report on Tuesday, March 13th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €43.69 ($53.94).

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ETR SOW opened at €38.67 ($47.74) on Monday. Software has a 1-year low of €34.53 ($42.63) and a 1-year 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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