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Fabasoft AG (FBSFF) Receives a Buy from Warburg Research

In a report issued on February 28, Felix Ellmann from Warburg Research maintained a Buy rating on Fabasoft AG (FBSFFResearch Report), with a price target of EUR41.00. The company’s shares closed last Wednesday at $28.30.

According to TipRanks.com, Ellmann is ranked #1093 out of 7793 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Fabasoft AG.

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The company has a one-year high of $56.50 and a one-year low of $35.90. Currently, Fabasoft AG has an average volume of 17.

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Fabasoft AG is a software manufacturer and provider of cloud services for the digital control of documents as well as an electronic document, process, and record management. The software does ensure the consistent capture, organization, secure storage, and context-sensitive findings of all digital business documents as well as the media-neutral multi-channel publishing of digital contents. The company earns revenue from sales of software and services. Its business is classified under geographical segment that includes Austria, Germany, Switzerland, and Other countries.

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