Software (SOW) Given a €34.00 Price Target by Goldman Sachs Group Analysts
Software (ETR:SOW) has been given a €34.00 ($39.53) target price by equities research analysts at Goldman Sachs Group in a research report issued on Thursday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 6.72% from the company’s previous close.
Other research analysts have also recently issued research reports about the stock. Baader Bank set a €54.00 ($62.79) target price on shares of Software and gave the stock a “buy” rating in a report on Tuesday, December 18th. Kepler Capital Markets set a €44.00 ($51.16) target price on shares of Software and gave the stock a “buy” rating in a report on Monday, January 7th. Warburg Research set a €50.00 ($58.14) target price on shares of Software and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Finally, Oddo Bhf set a €47.00 ($54.65) target price on shares of Software and gave the stock a “buy” rating in a report on Thursday, January 24th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. Software presently has a consensus rating of “Hold” and a consensus target price of €40.76 ($47.40).
Shares of Software stock traded down €0.55 ($0.64) during trading on Thursday, hitting €31.86 ($37.05). 273,103 shares of the company’s stock were exchanged, compared to its average volume of 271,805. The company has a debt-to-equity ratio of 25.29, a current ratio of 1.48 and a quick ratio of 1.44. Software has a 52-week low of €30.10 ($35.00) and a 52-week high of €45.67 ($53.10). The stock has a market cap of $2.40 billion and a PE ratio of 14.29.
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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