Commerzbank Ag set a €37.50 ($44.64) price objective on Software AG (ETR:SOW) in a research note issued to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Several other brokerages also recently weighed in on SOW. Kepler Capital Markets set a €37.00 ($44.05) price objective on shares of Software AG and gave the company a neutral rating in a research report on Tuesday, July 18th. Oddo Securities set a €45.00 ($53.57) price objective on shares of Software AG and gave the company a buy rating in a research report on Wednesday, July 19th. Baader Bank set a €45.00 ($53.57) price objective on shares of Software AG and gave the company a buy rating in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.86) price objective on shares of Software AG and gave the company a sell rating in a research report on Thursday, June 22nd. Finally, J P Morgan Chase & Co set a €40.00 ($47.62) price objective on shares of Software AG and gave the company a neutral rating in a research report on Monday, July 17th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Software AG currently has an average rating of Hold and an average target price of €37.92 ($45.15).

Shares of Software AG (ETR:SOW) opened at 39.404 on Wednesday. Software AG has a one year low of €4.55 and a one year high of €43.25. The stock has a market capitalization of €2.91 billion and a PE ratio of 21.162. The stock has a 50 day moving average of €36.58 and a 200-day moving average of €38.32.

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About Software AG

Software Aktiengesellschaft provides software development, licensing, and maintenance; and IT services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Architecture for Integrated Information Systems, a platform for business process analysis, governance, risk, and compliance management; Alfabet, an IT portfolio management platform that enables mapping of IT environment and planning and optimization of IT infrastructure; and webMethods, a platform for business process management, operational intelligence, and application programming interface management, as well as to integrate systems, partners, data, devices, and SaaS applications.

Analyst Recommendations for Software AG (ETR:SOW)

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