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SAP (ETR:SAP) target price raised to 90.00EUR, reported today by UBS AG

SAP (ETR:SAP) had its target price raised to 90.00EUR by UBS AG in a report released 10/7/2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Previously on 10/04/2016, Baader Wertpapierhandelsbank reported about SAP (ETR:SAP) raised the target price from 0.00EUR to 85.00EUR. At the time, this indicated a possible upside of 0.05%.

Yesterday SAP (ETR:SAP) traded -1.50% lower at 80.34EUR. The company’s 50-day moving average is 89.27EUR and its 200-day moving average is 82.39EUR. The last stock close price is down 8.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 984,467 shares of the stock were exchanged, up from an average trading volume of 921,067

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SAP has a 52 week low of 68.08EUR and a 52 week high of 92.76EUR with a P/E ratio of 26.82 The company’s market cap is currently 0 EUR.

In addition to UBS AG reporting its stock price target, a total of 12 analysts have released a report on the company. The average stock price target is 86.73EUR with four equity analysts rating the company a strong buy, 3 firms rating the company a buy, four analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero firms rating the stock a sell.

General Information 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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