Kepler Cheuvreux issued a report on SAP (ETR:SAP), bumping up its stock price target to 82.00EUR today
- Updated: February 11, 2017
Boasting a price of 86.34EUR, SAP (ETR:SAP) traded 0.02% higher on the day. With the last stock price close down 4.78% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. SAP has recorded a 50-day average of 89.43EUR and a two hundred day average of 87.55EUR. Volume of trade was down over the average, with 417,028 shares of SAP changing hands under the typical 840,624
In a report issued 02/12/2017 Kepler Cheuvreux raised the price target of SAP (ETR:SAP) to 82.00EUR stating a potential downside of -0.05%.
On Saturday February 11, 2017, Kepler Cheuvreux released a statement for SAP (ETR:SAP) bumped up the target price from 0.00EUR to 82.00EUR that suggested a downside of -0.05%.
With a total market value of 0 EUR, SAP has price-earnings ratio of 28.18 with a one year low of 71.39EUR and a one year high of 92.76EUR .
A total of 12 firms have issued a report on the stock. 4 brokers rating the stock a strong buy, three equity analysts rating the company a buy, four equity analysts 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.
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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