RBC Capital Markets disclosed Sap Ag (NYSE:SAP), bumping down its price target to $95.00 earlier today
- Updated: September 30, 2016
Having a price of $89.54, Sap Ag (NYSE:SAP) traded -2.76% lower on the day. With the last close up 9.28% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SAP has recorded a 50-day average of $88.81 and a two hundred day average of $81.93. Trade Volume was up over the average, with 955,442 shares of SAP changing hands over the typical 934,441
Reporting a potential upside of 0.06%, RBC Capital Markets dropped the price target of Sap Ag (NYSE:SAP) to $95.00
On Thursday July 21, 2016, RBC Capital Markets released a statement on Sap Ag (NYSE:SAP) upped the target price from $78.00 to $85.00 that suggested an upside of 0.01%.
Recent Performance Chart
Sap Ag has PE ratio of 26.96 with a one year low of $64.29 and a one year high of $92.76 and has a market capitalization of $0.
A total of 12 analysts have released a report on Sap Ag. 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 $86.73.
General Company Details For Sap Ag (NYSE: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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