SAP SE (NYSE:SAP – Get Free Report) shares reached a new 52-week high during trading on Wednesday after BMO Capital Markets raised their price target on the stock from $265.00 to $307.00. BMO Capital Markets currently has an outperform rating on the stock. SAP traded as high as $278.53 and last traded at $278.23, with a volume of 9783 shares traded. The stock had previously closed at $273.79.
A number of other research firms have also issued reports on SAP. Barclays lifted their target price on SAP from $275.00 to $283.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. JMP Securities lifted their target price on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Finally, TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and boosted their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $290.40.
Institutional Investors Weigh In On SAP
SAP Stock Up 1.1 %
The firm has a market capitalization of $340.13 billion, a price-to-earnings ratio of 110.75, a P/E/G ratio of 3.89 and a beta of 1.22. The stock has a 50 day moving average of $251.29 and a 200 day moving average of $231.70. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.17.
SAP (NYSE:SAP – Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 11.44% and a net margin of 8.15%. As a group, analysts expect that SAP SE will post 4.64 earnings per share for the current fiscal year.
SAP Company Profile
SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.
Featured Stories
- Five stocks we like better than SAP
- Why Are These Companies Considered Blue Chips?
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- How to invest in marijuana stocks in 7 steps
- 3 Steel Stocks Soaring After Tariff Announcements
- Stock Sentiment Analysis: How it Works
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.