Software (SOW) Given a €37.00 Price Target at Morgan Stanley
Several other equities research analysts have also recently issued reports on the company. Warburg Research set a €50.00 ($58.14) target price on Software and gave the stock a buy rating in a report on Wednesday, July 18th. Societe Generale set a €39.00 ($45.35) target price on Software and gave the stock a sell rating in a report on Thursday, July 19th. Barclays set a €39.00 ($45.35) target price on Software and gave the stock a sell rating in a report on Tuesday, July 10th. Credit Suisse Group set a €36.00 ($41.86) target price on Software and gave the stock a sell rating in a report on Thursday, July 19th. Finally, Baader Bank set a €54.00 ($62.79) price objective on Software and gave the stock a buy rating in a research note on Wednesday, July 18th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. Software has an average rating of Hold and a consensus price target of €44.44 ($51.68).
Shares of SOW stock traded up €1.22 ($1.42) during trading hours on Friday, hitting €39.33 ($45.73). The stock had a trading volume of 738,628 shares, compared to its average volume of 271,805. Software has a one year low of €34.53 ($40.15) and a one year high of €49.80 ($57.91).
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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