Software AG (SOW) Receives Consensus Rating of “Hold” from Brokerages
Software AG (ETR:SOW) has received an average recommendation of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is €42.12 ($50.14).
Several brokerages have commented on SOW. Baader Bank set a €55.00 ($65.48) price objective on shares of Software and gave the stock a “buy” rating in a report on Friday. Warburg Research set a €58.00 ($69.05) price objective on shares of Software and gave the stock a “buy” rating in a report on Friday. UBS Group set a €49.00 ($58.33) price objective on shares of Software and gave the stock a “neutral” rating in a report on Monday. Independent Research set a €50.00 ($59.52) price objective on shares of Software and gave the stock a “neutral” rating in a report on Wednesday, December 20th. Finally, Morgan Stanley set a €44.00 ($52.38) price objective on shares of Software and gave the stock a “sell” rating in a report on Monday, December 18th.
Shares of Software (ETR:SOW) opened at €48.03 ($57.18) on Monday. Software has a 1-year low of €30.28 ($36.05) and a 1-year high of €48.31 ($57.51). The company has a market cap of $3,680.00 and a PE ratio of 25.41.
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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.
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