Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Sopheon could double
Data suggests Sopheon’s (SPE:AIM) share price could double if it continues its re-rating towards a sector average 12.6-times enterprise value (EV) to earnings before interest, tax, depreciation and amortisation (EBITDA). Shares in the lifecycle management software minnow have soared 482% in 12 months but that still implies an EV/EBITDA of just 6.2-times. Analysts at house broker FinnCap have put their previous 360p target price under review.