Rating to Follow: Analysts at JP Morgan Chase & Co. Reiterated their “Neutral” rating for Software (ETR:SOW) with EUR 35.00 Target Price

November 28, 2016 - By Ruchi Gupta

Rating to Follow: Analysts at JP Morgan Chase & Co. Reiterated their

Software (ETR:SOW) Rating

Software (ETR:SOW) had its stock rating noted as “Neutral” by analysts at JP Morgan Chase & Co.. JP Morgan Chase & Co. currently has a EUR 35.00 PT on the 2.65 billion EUR market cap company or 3.67% upside potential. This was revealed to clients and investors in a research report on Sunday morning.

Software AG (ETR:SOW) Ratings Coverage

Out of 20 analysts covering Software (ETR:SOW), 4 rate it a “Buy”, 5 “Sell”, while 11 “Hold”. This means 20% are positive. €40 is the highest target while €23 is the lowest. The €32.71 average target is -2.45% below today’s (€33.53) stock price. Software has been the topic of 79 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Hauck & Aufhäuser Privatbankiers KGaA on Friday, July 15. JP Morgan maintained it with “Neutral” rating and €35 target price in Thursday, October 6 report. The stock of Software AG (ETR:SOW) earned “Hold” rating by Warburg Research on Thursday, July 23. The stock of Software AG (ETR:SOW) earned “Hold” rating by DZ-Bank AG on Thursday, October 22. The company was maintained on Wednesday, June 29 by Goldman Sachs. The stock of Software AG (ETR:SOW) has “Hold” rating given on Thursday, July 7 by Kepler Cheuvreux. Independent Research maintained the shares of SOW in a report on Tuesday, June 21 with “Hold” rating. On Friday, April 15 the stock rating was downgraded by Credit Suisse to “Sell”. Baader Wertpapierhandelsbank upgraded it to “Buy” rating and €33 target price in Thursday, January 28 report. Berenberg maintained it with “Hold” rating and €27.20 target price in Thursday, October 29 report.

About 23,025 shares traded hands. Software AG (ETR:SOW) has risen 10.07% since April 15, 2016 and is uptrending. It has outperformed by 4.06% the S&P500.

Software AG is a Germany-based holding firm and well-known provider of business infrastructure software. The company has a market cap of 2.65 billion EUR. It offers end-to-end, integrated solution for process strategy, design, integration, monitoring and control, as well as management of business processes. It has a 17.61 P/E ratio. It is diversified into two divisions: Enterprise Transaction Systems and Business Process Excellence (BPE).

More notable recent Software AG (ETR:SOW) news were published by: Businesswire.com which released: “Software AG Ranked as a Leader in New Hybrid Integration for Enterprises Report” on November 22, 2016, also Businesswire.com with their article: “Internet of Things and Industry 4.0: Software AG enters innovation partnership …” published on October 14, 2016, Businesswire.com published: “Software AG Launches Open Source Internet of Things Analytics Kit” on October 11, 2016. More interesting news about Software AG (ETR:SOW) were released by: Businesswire.com and their article: “Software AG Announces New “Adabas & Natural 2050” Agenda” published on August 31, 2016 as well as Businesswire.com‘s news article titled: “Software AG Unveils Digital Assessment for Businesses” with publication date: October 03, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>