SAP (SAP) Given a $80.00 Price Target by Stifel Nicolaus Analysts
SAP (NYSE:SAP) received a $80.00 price objective from equities research analysts at Stifel Nicolaus in a note issued to investors on Monday. The firm presently has a “sell” rating on the software maker’s stock. Stifel Nicolaus’ price target would suggest a potential downside of 22.18% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Oppenheimer restated a “buy” rating and set a $120.00 price objective on shares of SAP in a research note on Tuesday, November 14th. Argus raised their price objective on SAP from $118.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, October 23rd. Zacks Investment Research upgraded SAP from a “hold” rating to a “buy” rating and set a $127.00 price objective on the stock in a research note on Monday, October 23rd. DZ Bank restated a “buy” rating on shares of SAP in a research note on Thursday, October 19th. Finally, Morgan Stanley restated a “buy” rating on shares of SAP in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $104.67.
SAP (NYSE:SAP) opened at $102.80 on Monday. SAP has a 52 week low of $91.39 and a 52 week high of $116.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.18 and a current ratio of 1.17. The company has a market capitalization of $125,810.00, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 2.79 and a beta of 1.11.
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SAP Company Profile
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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