A statement released earlier today by Independent Research GmbH about SAP (ETR:SAP) bumps the target price to 85.00EUR
- Updated: January 11, 2017
Having a price of 83.95EUR, SAP (ETR:SAP) traded 0.18% higher on the day. With the last close down 3.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the same period. SAP has recorded a 50-day average of 85.32EUR and a two hundred day average of 85.66EUR. Volume of trade was up over the average, with 1,417,935 shares of SAP changing hands over the typical 844,956
Stating a potential upside of 0.01%, Independent Research GmbH upped the price target of SAP (ETR:SAP) to 85.00EUR
On 01/10/2017, Credit Suisse Group released a statement on SAP (ETR:SAP) upped the target price from 0.00EUR to 100.00EUR that suggested an upside of 0.18%.
With a total market value of 0 EUR, SAP has price-earnings ratio of 29.53 with a one year low of 71.39EUR and a one year high of 92.76EUR .
A total of 12 analysts have released a report on SAP. Four analysts rating the company a strong buy, three analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 86.73EUR.
More 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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