JPMorgan Chase & Co. set a €30.00 ($34.88) price objective on Software (ETR:SOW) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the company. UBS Group set a €38.00 ($44.19) target price on Software and gave the stock a buy rating in a report on Thursday, February 6th. Goldman Sachs Group set a €42.00 ($48.84) price target on Software and gave the company a buy rating in a report on Thursday, January 30th. Kepler Capital Markets set a €36.00 ($41.86) price objective on Software and gave the stock a buy rating in a research report on Wednesday, January 29th. HSBC set a €29.00 ($33.72) price objective on Software and gave the stock a neutral rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley set a €30.00 ($34.88) target price on Software and gave the company a neutral rating in a research report on Monday, January 20th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €33.99 ($39.53).

SOW opened at €34.02 ($39.56) on Tuesday. The stock has a market capitalization of $2.52 billion and a P/E ratio of 16.28. The company has a current ratio of 1.66, a quick ratio of 1.59 and a debt-to-equity ratio of 21.85. Software has a 12 month low of €22.80 ($26.51) and a 12 month high of €34.19 ($39.76). The firm’s fifty day simple moving average is €32.30 and its 200 day simple moving average is €28.57.

About Software

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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Analyst Recommendations for Software (ETR:SOW)

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