Software (SOW) PT Set at €54.00 by Baader Bank

Software (ETR:SOW) has been given a €54.00 ($62.79) price objective by equities researchers at Baader Bank in a research report issued to clients and investors on Tuesday. The firm presently has a “buy” rating on the stock. Baader Bank’s price objective indicates a potential upside of 46.66% from the company’s previous close.

A number of other research firms also recently commented on SOW. Independent Research set a €45.00 ($52.33) target price on shares of Software and gave the stock a “neutral” rating in a report on Friday, July 20th. Berenberg Bank set a €44.00 ($51.16) target price on shares of Software and gave the stock a “neutral” rating in a report on Wednesday, July 18th. Goldman Sachs Group set a €37.50 ($43.60) target price on shares of Software and gave the stock a “sell” rating in a report on Thursday, July 19th. Barclays set a €39.00 ($45.35) target price on shares of Software and gave the stock a “sell” rating in a report on Wednesday, July 18th. Finally, UBS Group set a €46.00 ($53.49) target price on shares of Software and gave the stock a “neutral” rating in a report on Wednesday, July 18th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €44.47 ($51.71).

ETR SOW opened at €36.82 ($42.81) on Tuesday. Software has a 12 month low of €34.53 ($40.15) and a 12 month high of €49.80 ($57.91).

About Software

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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Analyst Recommendations for Software (ETR:SOW)

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