Shares of SAP SE (ETR:SAP) have received an average rating of “Buy” from the twenty-three research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and sixteen have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €122.43 ($142.37).
Several brokerages have issued reports on SAP. Nord/LB set a €115.00 ($133.72) target price on SAP and gave the company a “neutral” rating in a research report on Thursday, July 25th. Independent Research set a €128.00 ($148.84) target price on SAP and gave the company a “neutral” rating in a research report on Friday, July 5th. Sanford C. Bernstein set a €127.00 ($147.67) target price on SAP and gave the company a “buy” rating in a research report on Tuesday, June 11th. Berenberg Bank set a €130.00 ($151.16) target price on SAP and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Goldman Sachs Group set a €135.00 ($156.98) target price on SAP and gave the company a “buy” rating in a research report on Thursday, July 18th.
Shares of ETR:SAP traded down €2.18 ($2.53) during trading hours on Tuesday, hitting €104.00 ($120.93). 2,660,904 shares of the company’s stock traded hands, compared to its average volume of 3,430,000. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The firm has a fifty day simple moving average of €117.04. The firm has a market cap of $124.14 billion and a price-to-earnings ratio of 39.91. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 6.56.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
Further Reading: Oversold
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