Deutsche Bank set a €34.00 ($39.53) target price on Software (ETR:SOW) in a research note released on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
SOW has been the topic of a number of other research reports. Baader Bank set a €51.00 ($59.30) price target on shares of Software and gave the stock a buy rating in a research report on Friday, January 11th. UBS Group set a €36.00 ($41.86) target price on shares of Software and gave the company a buy rating in a research report on Thursday, April 4th. Independent Research set a €34.50 ($40.12) target price on shares of Software and gave the company a neutral rating in a research report on Thursday, December 20th. Kepler Capital Markets set a €44.00 ($51.16) target price on shares of Software and gave the company a buy rating in a research report on Monday, January 7th. Finally, Warburg Research set a €50.00 ($58.14) target price on shares of Software and gave the company a buy rating in a research report on Wednesday, February 6th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €40.03 ($46.54).
Shares of ETR SOW opened at €32.21 ($37.45) on Monday. The company has a market capitalization of $2.36 billion and a PE ratio of 14.45. Software has a 52-week low of €29.41 ($34.20) and a 52-week high of €44.39 ($51.62). The company has a debt-to-equity ratio of 25.29, a quick ratio of 1.42 and a current ratio of 1.48.
Software Company Profile
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.
Recommended Story: Why is a lock-up period needed for an IPO?
Receive News & Ratings for Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Software and related companies with MarketBeat.com's FREE daily email newsletter.