SAP SE (NYSE:SAP) Receives $189.20 Average Target Price from Brokerages

SAP SE (NYSE:SAPGet Free Report) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $189.20.

Several research analysts have recently issued reports on the company. Jefferies Financial Group raised SAP from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. BMO Capital Markets boosted their target price on shares of SAP from $147.00 to $195.00 and gave the company a “market perform” rating in a research note on Thursday, January 25th. The Goldman Sachs Group boosted their target price on shares of SAP from $185.00 to $207.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Barclays boosted their target price on shares of SAP from $156.00 to $189.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Finally, KeyCorp initiated coverage on shares of SAP in a research note on Thursday, March 21st. They issued an “overweight” rating for the company.

Read Our Latest Research Report on SAP

Institutional Trading of SAP

Institutional investors have recently modified their holdings of the company. FinTrust Capital Advisors LLC lifted its position in SAP by 130.8% during the 4th 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 purchased a new position in shares of SAP during the 2nd quarter valued at approximately $25,000. Bollard Group LLC purchased a new position in shares of SAP during the 2nd quarter valued at approximately $28,000. Column Capital Advisors LLC boosted its stake in shares of SAP by 121.0% during the 3rd quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock valued at $29,000 after buying an additional 121 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. bought a new position in SAP during the fourth quarter worth $31,000.

SAP Trading Down 1.0 %

SAP stock opened at $195.03 on Friday. SAP has a one year low of $123.54 and a one year high of $199.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.40 and a quick ratio of 1.40. The business has a fifty day moving average of $183.91 and a two-hundred day moving average of $158.44.

SAP (NYSE:SAPGet Free Report) last released its earnings results on Tuesday, January 23rd. The software maker reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.17). The business had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.98 billion. SAP had a net margin of 20.30% and a return on equity of 9.54%. Research analysts forecast that SAP will post 5.05 EPS for the current fiscal year.

About SAP

(Get Free Report

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides 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; and 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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