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SAP (ETR:SAP) target price raised to 95.00EUR, reported today by Commerzbank AG

Boasting a price of 77.79EUR, SAP (ETR:SAP) traded 2.04% lower on the day. The last stock close is down 7.14% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time period. SAP has logged a 50-day moving average of 87.83EUR and two hundred day moving average of 81.07EUR. Trade volume was was up over the average, with 1,034,879 shares of SAP changing hands over the typical 1,025,990 shares.

Commerzbank AG raised the target price of SAP (ETR:SAP) to 95EUR, reporting a possible upside of 0.22%,

Previously on Friday September 16 2016, Commerzbank AG released a statement for SAP(ETR:SAP) raised the target price from 0.00EUR to 95.00EUR that suggested an upside of 0.22%.

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In addition to Commerzbank AG reporting it’s target price, a total of 12 brokers have reported on the company. The one year target stock price is 86.73EUR with four firms rating the company a strong buy, three firms rating the company a buy, four firms rating the stock a hold, one analyst rating the company to underperform, and finally 0 analysts rating the stock as sell.

SAP has a one-year low of 62.57EUR and a one-year high of 91.00EUR with a PE ratio of 26. SAP’s market capitalization is presently 0.0 EUR.

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, and Concur and SAP Fieldglass solutions.

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