Software (SOW) Given a €38.00 Price Target at UBS Group
UBS Group set a €38.00 ($44.19) price target on Software (ETR:SOW) in a research report sent to investors on Friday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also issued reports on SOW. Independent Research set a €34.50 ($40.12) target price on Software and gave the stock a neutral rating in a research report on Tuesday, January 1st. JPMorgan Chase & Co. set a €34.00 ($39.53) target price on Software and gave the stock a neutral rating in a research report on Thursday. Berenberg Bank set a €44.00 ($51.16) target price on Software and gave the stock a neutral rating in a research report on Monday, October 22nd. Kepler Capital Markets set a €44.00 ($51.16) price target on Software and gave the company a buy rating in a research report on Monday, January 7th. Finally, Commerzbank set a €46.00 ($53.49) price target on Software and gave the company a neutral rating in a research report on Friday, October 12th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Software has an average rating of Hold and a consensus target price of €42.32 ($49.20).
Shares of Software stock traded down €0.17 ($0.20) on Friday, reaching €32.16 ($37.40). 125,857 shares of the company were exchanged, compared to its average volume of 271,805. Software has a fifty-two week low of €34.53 ($40.15) and a fifty-two week 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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