November 28, 2016 - By Ruchi Gupta
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.
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 â€œAdabas & Natural 2050â€ 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.
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By Ruchi Gupta