SAP (ETR:SAP) has been upgraded to Buy in a report by DZ BANK today.
- Updated: October 12, 2016
DZ BANK has upgraded SAP (ETR:SAP) to Buy in a report released on 10/13/2016.
Just yesterday SAP (ETR:SAP) traded -1.57% lower at 79.15EUR. SAP’s 50-day moving average is 89.38EUR and its 200-day moving average is 82.61EUR. The last stock close price is down 5.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. 921,574 shares of SAP traded, up from an average trading volume of 894,539
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SAP has PE ratio of 26.29 with a 52 week low of 71.39EUR and a one year high of 92.76EUR and has a total market value of 0 EUR.
A total of 12 analysts have released a report on SAP. 4 brokerages rating the stock a strong buy, 3 firms rating the stock a buy, 4 analysts rating the company a hold, one equity analyst rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 86.73EUR.
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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