SAP (SAP) – Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for SAP (NYSE: SAP):

  • 2/12/2018 – SAP had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $122.00 price target on the stock, down previously from $133.00.
  • 1/31/2018 – SAP had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $116.00 price target on the stock.
  • 1/25/2018 – SAP was downgraded by analysts at Cleveland Research from a “buy” rating to a “neutral” rating.
  • 1/22/2018 – SAP had its “neutral” rating reaffirmed by analysts at Royal Bank of Canada.
  • 1/19/2018 – SAP had its “buy” rating reaffirmed by analysts at DZ Bank AG.
  • 1/12/2018 – SAP was downgraded by analysts at Cowen Inc from an “outperform” rating to a “market weight” rating.
  • 1/11/2018 – SAP was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating.
  • 1/10/2018 – SAP had its “buy” rating reaffirmed by analysts at Citigroup Inc.
  • 12/28/2017 – SAP was upgraded by analysts at Desjardins to a “buy” rating. They now have a $49.00 price target on the stock.
  • 12/20/2017 – SAP was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “SAP’s long-term growth drivers include resiliency of its Cloud and Software business, presence of a large business network and dominance over critical client demand areas, namely customer engagement and human capital management. SAP’s Customer Engagement and Commerce solutions once again achieved double-digit growth in new cloud bookings as well as software revenue. Of late, growth of the company’s S/4HANA and other Cloud initiatives has been spectacular, which, in turn, has been boosting financials. However, on the flip side, the company’s shares have underperformed the industry average year to date. Intensifying competition in the IT services industry and currency fluctuations are affecting profits. Prolonged softness in certain end markets and inherent seasonality in clients’ technology spending exposes the company’s sales to risks of quarterly fluctuations.”

SAP SE (SAP) opened at $102.88 on Monday. The company has a market capitalization of $125,345.71, a PE ratio of 26.65, a PEG ratio of 2.79 and a beta of 1.11. The company has a quick ratio of 1.18, a current ratio of 1.17 and a debt-to-equity ratio of 0.20. SAP SE has a twelve month low of $91.39 and a twelve month high of $116.90.

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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