A statement released earlier today by BNP PARIBAS about SAP (ETR:SAP) bumps the target price to 66.00EUR
- Updated: September 24, 2016
BNP PARIBAS bumped up the target of SAP (ETR:SAP) to 66.00EUR stating a potential downside of -0.18%.
On Wednesday September 21, 2016, BNP PARIBAS released a statement on SAP (ETR:SAP) bumped up the target price from 0.00EUR to 66.00EUR that suggested a downside of -0.18%.
Boasting a price of 80.22EUR, SAP (ETR:SAP) traded -0.89% lower on the day. With the last close down 12.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. SAP has recorded a 50-day average of 88.34EUR and a two hundred day average of 81.54EUR. Volume of trade was down over the average, with 726,275 shares of SAP changing hands under the typical 1,007,980
With a total market value of 0 EUR, SAP has price-earnings ratio of 27.56 with a one year low of 63.34EUR and a one year high of 92.76EUR .
A total of 12 firms have reported on the stock. Four brokerages rating the stock a strong buy, three analysts rating the company a buy, 4 brokers rating the stock a hold, 1 firm rating the stock a underperform, and finally zero analysts rating the company a sell with a one year target of 86.73EUR.
Brief Synopsis About 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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