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Software (ETR:SOW) was Improved by Analysts at Oddo Seydler Bank AG to Buy Stock Rating. The Target Price is Set to EUR 38.00

Oddo And Cie Analyst Rating Change Software ETR:SOW

Software (ETR:SOW) Upgrade

Professional analysts at Oddo Seydler Bank AG’s equity research division boosted Software (ETR:SOW)’s stock to Buy on Wednesday morning. The stock research analysts at Oddo Seydler Bank AG have a target price of EUR 38.00 on SOW or 25.70 % more upside.

In spite of this rating upgrade ETR:SOW is right now trading -1.14% lower at EUR 29.80 as of 15:50 Frankfurt time. Software’s stock is up 14.07% in the last 200 days. It has outperformed the Standard & Poor’s 500 index, which has dropped -12.19% in the same time period.

According to data compiled by Thomson Reuters, Software (ETR:SOW)’s stock is covered by 22 equity analysts across the Street, with 4 analysts giving it a Sell rating, 5 a Buy rating, while 17 consider it a Hold. The 12-month consensus target price for the stock is EUR 33.16, which reflects an upside potential of 11.28% over the current price.

ETR:SOW Price Chart & Trend

The stock price of Software has increased 14.07% over the last 200 days, and is in strong up trend. In the last 50 and 100 days, Software is up 10.07% and up 17.13%, respectively. Our stocks momentum model is shown on the price chart below. Software (ETR:SOW) was Improved by Analysts at Oddo Seydler Bank AG to Buy Stock Rating. The Target Price is Set to EUR 38.00

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

SOW Stock Chart

Software (ETR:SOW) Profile

Software AG is a Germany-based holding company and provider of business infrastructure software. It offers end-to-end, integrated solution for process strategy, design, integration, monitoring and control, as well as management of business processes. It is diversified into two segments: Enterprise Transaction Systems (ETS) and Business Process Excellence (BPE).

Software (ETR:SOW) traded down -1.14% on 10 February, hitting EUR 29.8. A total of 422,843 shares of the company’s stock traded hands. This is up from average of 326,145 shares. Software has a 52 week low of EUR 22.80 and a 52 week high of EUR 32. The company has a market cap of 2.35B EUR and a P/E ratio of 18.01.

Get the latest Software (ETR:SOW) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Software (ETR:SOW) was Improved by Analysts at Oddo Seydler Bank AG to Buy Stock Rating. The Target Price is Set to EUR 38.00 appeared first on Octafinance.



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Software (ETR:SOW) was Improved by Analysts at Oddo Seydler Bank AG to Buy Stock Rating. The Target Price is Set to EUR 38.00

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