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SAP (ETR:SAP) target price raised to 80.00EUR, reported today by UBS AG

Yesterday SAP (ETR:SAP) traded 2.04% lower at 78.99EUR. The company’s 50-day moving average is 87.68EUR and its two hundred day moving average is 80.94EUR. The last close is down 7.32% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time period. Trading volume was was down over the average, with 1,034,879 shares of SAP changing hands under the typical 1,063,710 shares..

UBS AG bumped the estimated target of SAP (ETR:SAP) to 80EUR, reporting a possible upside of 0.01%,

Previously on 9/18/2016, Commerzbank AG released a statement for SAP(ETR:SAP) raised the target price from 0.00EUR to 95.00EUR. At the time, this indicated a possible upside of 0.22%.

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A total of 12 brokerages have issued a research note on the stock. Four analysts rate the company a strong buy, three analysts rate the company a buy, four analyts rate the stock a hold, one brokerage rate the stock to underperform, and finally 0 analystsrate the company as sell with an average target price of 86.73EUR

SAP has a one-year low of 62.57EUR and a 52 week high of 91.00EUR with a P/E ratio of 26. SAP’s total market value is presently 0.0 EUR.

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, and Concur and SAP Fieldglass solutions.

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