SAP (ETR:SAP) target price raised to 90.00EUR, issued a report today by UBS AG
- Updated: October 8, 2016
Having a price of 80.34EUR, SAP (ETR:SAP) traded -1.50% lower on the day. With the last close down 8.69% 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 89.31EUR and a two hundred day average of 82.41EUR. Trade Volume was up over the average, with 984,467 shares of SAP changing hands over the typical 916,465
SAP (ETR:SAP) had its target bumped up to 90.00EUR by UBS AG in an issued report issued 10/09/2016. The upped target suggests a potential upside of 0.12% based on the company's previous close.
On Saturday October 08, 2016, UBS AG released a statement on SAP (ETR:SAP) upped the target price from 0.00EUR to 90.00EUR that suggested an upside of 0.12%.
Recent Performance Chart
SAP has PE ratio of 26.82 with a one year low of 68.20EUR and a one year high of 92.76EUR and has a market capitalization of 0 EUR.
A total of 12 analysts have released a report on SAP. 4 brokerages rating the company a strong buy, 3 firms rating the stock a buy, 4 brokers rating the stock a hold, one equity analyst rating the company a underperform, and finally zero brokerages 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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