SAP SE (ETR:SAP) has been given a consensus rating of “Buy” by the twenty-three research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is €121.22 ($140.95).
Several equities analysts have issued reports on SAP shares. Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on shares of London Stock Exchange Group and gave the company a “buy” rating in a report on Wednesday, April 24th. Kepler Capital Markets set a €11.00 ($12.79) price objective on shares of E.On and gave the company a “buy” rating in a report on Monday, May 13th. Barclays increased their price objective on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the company an “overweight” rating in a report on Monday. Oddo Bhf set a €84.00 ($97.67) price objective on shares of SAP and gave the company a “sell” rating in a report on Friday, April 5th. Finally, Credit Suisse Group decreased their price objective on shares of from GBX 145 ($1.89) to GBX 105 ($1.37) and set a “neutral” rating on the stock in a report on Friday, June 21st.
SAP stock traded down €0.86 ($1.00) during midday trading on Friday, hitting €121.06 ($140.77). 1,655,671 shares of the stock traded hands, compared to its average volume of 3,430,000. The firm has a market capitalization of $145.05 billion and a price-to-earnings ratio of 44.36. The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. The company’s fifty day moving average is €116.60. SAP has a 1-year low of €83.95 ($97.62) and a 1-year high of €125.00 ($145.35).
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.
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