Software AG (ETR:SOW) has been assigned a €37.50 ($44.12) price target by equities research analysts at Commerzbank Ag in a research note issued to investors on Tuesday, July 18th. The firm currently has a “neutral” rating on the stock.
A number of other research firms have also recently issued reports on SOW. J P Morgan Chase & Co set a €40.00 ($47.06) price objective on shares of Software AG and gave the stock a “neutral” rating in a research report on Monday, July 17th. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.35) price objective on shares of Software AG and gave the stock a “sell” rating in a research report on Saturday, May 20th. equinet AG set a €30.00 ($35.29) price objective on shares of Software AG and gave the stock a “sell” rating in a research report on Thursday, June 22nd. Societe Generale set a €31.00 ($36.47) price objective on shares of Software AG and gave the stock a “sell” rating in a research report on Wednesday, June 7th. Finally, Barclays PLC set a €31.00 ($36.47) price target on shares of Software AG and gave the company a “sell” rating in a research report on Friday, July 7th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Software AG has a consensus rating of “Hold” and an average target price of €37.21 ($43.77).
Shares of Software AG (SOW) opened at 35.901 on Tuesday. Software AG has a 12-month low of €4.55 and a 12-month high of €43.25. The firm’s 50-day moving average price is €39.02 and its 200 day moving average price is €37.78. The stock has a market capitalization of €2.68 billion and a P/E ratio of 19.281.
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About Software AG
Software AG is a Germany-based software developer and provider of information technology (IT) platforms for businesses. The Company operates in three segments: Digital Business Platform (DBP), Adabas & Natural and Consulting. The Digital Business Platform (DBP) segment focuses on integration, business process management and big data with the webMethods, Aris, Alfabet, Apama and Terracotta product families.
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