Software (ETR:SOW) has been assigned a €45.00 ($55.56) target price by equities research analysts at Independent Research in a report issued on Monday. The firm presently has a “neutral” rating on the stock. Independent Research’s target price points to a potential upside of 9.62% from the company’s previous close.

SOW has been the subject of a number of other reports. Oddo Bhf set a €53.00 ($65.43) price objective on shares of Software and gave the company a “buy” rating in a report on Friday, January 19th. Goldman Sachs set a €38.00 ($46.91) price objective on shares of Software and gave the company a “sell” rating in a report on Friday, April 6th. Warburg Research set a €58.00 ($71.60) price objective on shares of Software and gave the company a “buy” rating in a report on Friday, January 5th. Commerzbank set a €37.50 ($46.30) price objective on shares of Software and gave the company a “neutral” rating in a report on Thursday, January 25th. Finally, Morgan Stanley set a €44.00 ($54.32) price target on shares of Software and gave the company a “sell” rating in a research report on Monday, December 18th. Six research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €43.83 ($54.12).

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Shares of ETR SOW traded down €1.69 ($2.09) during mid-day trading on Monday, reaching €41.05 ($50.68). 741,121 shares of the company’s stock traded hands, compared to its average volume of 271,805. 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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