SAP (NYSE:SAP) received a $80.00 price target from research analysts at Stifel Nicolaus in a research note issued to investors on Monday. The brokerage currently has a “sell” rating on the software maker’s stock. Stifel Nicolaus’ price objective would suggest a potential downside of 22.14% from the stock’s previous close.
SAP has been the topic of a number of other research reports. Zacks Investment Research lowered shares of SAP from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. BMO Capital Markets started coverage on shares of SAP in a report on Friday, October 20th. They set a “market perform” rating and a $115.00 target price on the stock. They noted that the move was a valuation call. Morgan Stanley lowered shares of SAP from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 11th. Desjardins raised shares of SAP to a “buy” rating and set a $49.00 target price on the stock in a report on Thursday, December 28th. Finally, Cowen lowered shares of SAP from an “outperform” rating to a “market weight” rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $104.67.
Shares of SAP (NYSE SAP) opened at $102.75 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.18 and a current ratio of 1.17. The firm has a market cap of $125,345.71, a P/E ratio of 26.62, a P/E/G ratio of 2.79 and a beta of 1.11. SAP has a twelve month low of $91.39 and a twelve month high of $116.90.
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SAP Company Profile
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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