Goldman Sachs Group set a €34.00 ($39.53) price objective on Software (ETR:SOW) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research firms have also recently issued reports on SOW. Credit Suisse Group raised their price objective on shares of Beyond Meat from $70.00 to $125.00 in a research report on Friday, June 7th. Oddo Bhf set a €45.00 ($52.33) price objective on shares of Software and gave the stock a buy rating in a research report on Monday, April 15th. Deutsche Bank restated a buy rating and set a $18.00 price objective on shares of STMicroelectronics in a research report on Monday, April 15th. Baader Bank set a €42.00 ($48.84) price objective on shares of Norma Group and gave the stock a buy rating in a research report on Friday. Finally, UBS Group raised their price objective on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. Software presently has an average rating of Hold and an average price target of €38.36 ($44.60).
Software stock opened at €25.76 ($29.95) on Friday. Software has a 12-month low of €28.83 ($33.52) and a 12-month high of €44.19 ($51.38). The firm has a market capitalization of $1.91 billion and a PE ratio of 11.58. The stock’s 50-day moving average price is €29.81. The company has a current ratio of 1.62, a quick ratio of 1.56 and a debt-to-equity ratio of 23.71.
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.
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