Software (SOW) Given a €37.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €37.00 ($43.02) target price on Software (ETR:SOW) in a research note released on Friday morning. The firm currently has a sell rating on the stock.

Several other equities research analysts have also recently weighed in on the company. Warburg Research set a €50.00 ($58.14) price target on Software and gave the company a buy rating in a research report on Wednesday, July 18th. Societe Generale set a €39.00 ($45.35) price target on Software and gave the company a sell rating in a research report on Thursday, July 19th. Barclays set a €39.00 ($45.35) price target on Software and gave the company a sell rating in a research report on Tuesday, July 10th. Credit Suisse Group set a €36.00 ($41.86) price target on Software and gave the company a sell rating in a research report on Thursday, July 19th. Finally, Baader Bank set a €54.00 ($62.79) price target on Software and gave the company a buy rating in a research report on Wednesday, July 18th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. Software has an average rating of Hold and an average price target of €44.78 ($52.07).

Shares of SOW opened at €40.33 ($46.90) on Friday. Software has a twelve month low of €34.53 ($40.15) and a twelve 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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