A statement released earlier today by Baader Wertpapierhandelsbank about SAP (ETR:SAP) bumps the target price to 85.00EUR
- Updated: October 3, 2016
In a report released on 10/03/2016 Baader Wertpapierhandelsbank increased the stock price target of SAP (ETR:SAP) to 85.00EUR reporting a possible upside of 0.05%.
Just yesterday SAP (ETR:SAP) traded -0.57% lower at 80.97EUR. SAP’s 50-day moving average is 89.01EUR and its 200-day moving average is 82.12EUR. The last stock price is down 10.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 544,997 shares of SAP traded hands, down from an average trading volume of 936,423
Recent Performance Chart
SAP has 52 week low of 66.23EUR and a 52 week high of 92.76EUR with a PE ratio of 27.21 and has a market capitalization of 0 EUR.
A total of 12 brokerages have released a report on SAP. Four brokerages rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 86.73EUR.
General Company Details For SAP (ETR:SAP)
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses. The SAP Business Network segment includes SAP's cloud-based collaborative business network and services relating to the SAP Business Network, including cloud applications, professional services and education services. Its business network portfolio includes SAP Ariba, Concur and SAP Fieldglass solutions.
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