Several other equities research analysts have also commented on the company. Warburg Research set a €50.00 ($58.14) price objective on Software and gave the stock a buy rating in a research note on Wednesday, July 18th. Deutsche Bank set a €40.00 ($46.51) price target on Software and gave the stock a neutral rating in a research note on Tuesday, April 17th. Baader Bank set a €55.00 ($63.95) price target on Software and gave the stock a buy rating in a research note on Wednesday, April 11th. Goldman Sachs Group set a €38.00 ($44.19) price target on Software and gave the stock a sell rating in a research note on Friday, April 6th. Finally, Barclays set a €39.00 ($45.35) price target on Software and gave the stock a sell rating in a research note on Friday, April 13th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €43.82 ($50.95).
Shares of ETR SOW traded down €0.21 ($0.24) during midday trading on Thursday, hitting €41.98 ($48.81). 84,728 shares of the stock traded hands, compared to its average volume of 271,805. Software has a one year low of €34.53 ($40.15) and a one year high of €49.80 ($57.91).
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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