Barclays set a €33.50 ($37.64) price target on Software (ETR:SOW) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently issued reports on SOW. Morgan Stanley set a €28.00 ($31.46) price target on Software and gave the company a neutral rating in a report on Tuesday, April 28th. Commerzbank set a €35.00 ($39.33) target price on Software and gave the stock a buy rating in a report on Tuesday, March 17th. JPMorgan Chase & Co. set a €30.00 ($33.71) price target on shares of Software and gave the company a neutral rating in a report on Thursday, July 2nd. Independent Research set a €33.00 ($37.08) price target on Software and gave the company a neutral rating in a research note on Tuesday, April 28th. Finally, Goldman Sachs Group set a €35.00 ($39.33) target price on shares of Software and gave the stock a buy rating in a report on Thursday, April 23rd. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €32.54 ($36.56).

Shares of Software stock opened at €38.20 ($42.92) on Friday. The business’s fifty day moving average is €35.26 and its two-hundred day moving average is €31.72. The company has a quick ratio of 1.66, a current ratio of 1.75 and a debt-to-equity ratio of 17.75. Software has a fifty-two week low of €21.60 ($24.27) and a fifty-two week high of €37.78 ($42.45). The firm has a market cap of $2.83 billion and a PE ratio of 19.49.

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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