Software AG (SOW) Given Consensus Rating of “Hold” by Analysts
Shares of Software AG (ETR:SOW) have received a consensus rating of “Hold” from the nineteen brokerages that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is €40.76 ($47.40).
Several research analysts have recently issued reports on SOW shares. JPMorgan Chase & Co. set a €40.00 ($46.51) price objective on Software and gave the stock a “neutral” rating in a research report on Monday, November 26th. equinet set a €40.00 ($46.51) price objective on Software and gave the stock a “neutral” rating in a research report on Friday, November 30th. Barclays set a €44.00 ($51.16) price objective on Software and gave the stock a “neutral” rating in a research report on Thursday, December 6th. UBS Group set a €38.00 ($44.19) target price on Software and gave the company a “neutral” rating in a report on Friday, December 7th. Finally, Morgan Stanley set a €34.50 ($40.12) target price on Software and gave the company a “sell” rating in a report on Monday, December 17th.
Shares of ETR:SOW traded down €0.55 ($0.64) on Friday, hitting €31.86 ($37.05). 273,103 shares of the company’s stock were exchanged, compared to its average volume of 271,805. The stock has a market cap of $2.40 billion and a P/E ratio of 14.29. Software has a 1-year low of €30.10 ($35.00) and a 1-year high of €45.67 ($53.10). The company has a debt-to-equity ratio of 25.29, a quick ratio of 1.44 and a current ratio of 1.48.
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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