Software (ETR:SOW) has been assigned a €58.00 ($69.05) price target by research analysts at Warburg Research in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Warburg Research’s target price indicates a potential upside of 20.58% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €35.00 ($41.67) price target on shares of Software and gave the company a “sell” rating in a research note on Thursday, September 14th. Hauck & Aufhaeuser set a €48.50 ($57.74) price target on shares of Software and gave the company a “buy” rating in a research note on Wednesday, September 20th. Baader Bank set a €55.00 ($65.48) price target on shares of Software and gave the company a “buy” rating in a research note on Friday, January 5th. Independent Research set a €50.00 ($59.52) price target on shares of Software and gave the company a “neutral” rating in a research note on Wednesday, December 20th. Finally, UBS Group set a €42.50 ($50.60) price target on shares of Software and gave the company a “buy” rating in a research note on Friday, September 29th. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. Software presently has an average rating of “Hold” and a consensus target price of €42.88 ($51.05).

Software (ETR:SOW) traded down €0.12 ($0.14) during trading on Thursday, hitting €48.10 ($57.26). 137,118 shares of the stock traded hands, compared to its average volume of 241,843. Software has a twelve month low of €30.28 ($36.05) and a twelve month high of €48.31 ($57.51). The stock has a market cap of $3,670.00 and a PE ratio of 25.45.

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About Software

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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