SAP SE (NYSE:SAP) has been given a consensus recommendation of “Buy” by the twenty-one ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $100.00.
Several equities analysts have issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of SAP in a report on Wednesday, January 10th. Cleveland Research downgraded shares of SAP from a “buy” rating to a “neutral” rating in a report on Thursday, January 25th. Argus increased their price objective on shares of SAP from $118.00 to $130.00 and gave the company a “buy” rating in a report on Monday, October 23rd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $122.00 price objective (down from $133.00) on shares of SAP in a report on Monday, February 12th. Finally, Stifel Nicolaus set a $80.00 price objective on shares of SAP and gave the company a “sell” rating in a report on Monday, February 12th.
SAP (NYSE SAP) traded down $0.17 on Friday, reaching $104.73. 1,209,794 shares of the company’s stock traded hands, compared to its average volume of 1,309,543. The company has a current ratio of 1.17, a quick ratio of 1.18 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $128,922.10, a P/E ratio of 27.15, a price-to-earnings-growth ratio of 2.87 and a beta of 1.11. SAP has a fifty-two week low of $92.51 and a fifty-two week high of $116.90.
Several hedge funds and other institutional investors have recently modified their holdings of the company. We Are One Seven LLC acquired a new stake in shares of SAP in the fourth quarter valued at about $114,000. Banco de Sabadell S.A acquired a new stake in shares of SAP in the fourth quarter valued at about $1,231,000. Glenmede Trust Co. NA raised its position in shares of SAP by 10.1% in the fourth quarter. Glenmede Trust Co. NA now owns 11,317 shares of the software maker’s stock valued at $1,270,000 after buying an additional 1,040 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in shares of SAP in the fourth quarter valued at about $663,000. Finally, Jane Street Group LLC acquired a new stake in shares of SAP in the fourth quarter valued at about $237,000. Institutional investors and hedge funds own 3.80% of the company’s stock.
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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