SAP SE (NYSE:SAP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of SAP SE (NYSE:SAPGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $181.50.

Several brokerages recently commented on SAP. Barclays lifted their price target on shares of SAP from $156.00 to $189.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. BMO Capital Markets boosted their price target on shares of SAP from $147.00 to $195.00 and gave the stock a “market perform” rating in a research note on Thursday, January 25th. JMP Securities reiterated a “market outperform” rating and set a $179.00 price target on shares of SAP in a research note on Thursday, October 19th. StockNews.com raised shares of SAP from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 3rd. Finally, Jefferies Financial Group raised shares of SAP from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

Check Out Our Latest Report on SAP

Institutional Investors Weigh In On SAP

Several large investors have recently made changes to their positions in SAP. Nemes Rush Group LLC acquired a new stake in shares of SAP in the second quarter worth $25,000. FinTrust Capital Advisors LLC increased its position in shares of SAP by 130.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 240 shares of the software maker’s stock worth $25,000 after acquiring an additional 136 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of SAP in the second quarter worth $25,000. Geneos Wealth Management Inc. acquired a new stake in shares of SAP in the second quarter worth $28,000. Finally, Bollard Group LLC acquired a new stake in shares of SAP in the second quarter worth $28,000. Institutional investors and hedge funds own 4.99% of the company’s stock.

SAP Stock Performance

Shares of NYSE:SAP opened at $179.41 on Thursday. SAP has a 1 year low of $112.57 and a 1 year high of $181.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.55 and a current ratio of 1.41. The stock’s 50-day moving average is $161.85 and its 200 day moving average is $146.45.

SAP (NYSE:SAPGet Free Report) last issued its quarterly earnings data on Tuesday, January 23rd. The software maker reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.17). The business had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.98 billion. SAP had a net margin of 20.30% and a return on equity of 9.54%. On average, analysts anticipate that SAP will post 5.05 EPS for the current fiscal year.

SAP Company Profile

(Get Free Report

SAP SE, together with its subsidiaries, provides enterprise application software products worldwide. The company operates through Applications, Technology & Services; Qualtrics; Business Network; and Sustainability segments. It offers SAP S/4HANA that offers software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.

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Analyst Recommendations for SAP (NYSE:SAP)

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