Credit Suisse Group Reiterates €36.00 Price Target for Software (SOW)

Credit Suisse Group set a €36.00 ($41.86) target price on Software (ETR:SOW) in a research report released on Friday morning. The firm currently has a sell rating on the stock.

A number of other equities analysts have also commented on the company. JPMorgan Chase & Co. set a €43.00 ($50.00) price objective on Software and gave the stock a neutral rating in a research note on Friday. Goldman Sachs Group set a €37.00 ($43.02) price objective on Software and gave the stock a sell rating in a research note on Friday. Morgan Stanley set a €37.00 ($43.02) target price on Software and gave the company a sell rating in a report on Friday. Baader Bank set a €54.00 ($62.79) target price on Software and gave the company a buy rating in a report on Tuesday. Finally, Commerzbank set a €46.00 ($53.49) target price on Software and gave the company a neutral rating in a report on Friday, October 12th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. Software presently has a consensus rating of Hold and an average price target of €44.44 ($51.68).

Software stock traded up €1.22 ($1.42) during mid-day trading on Friday, reaching €39.33 ($45.73). 738,628 shares of the company were exchanged, compared to its average volume of 271,805. 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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