2 weeks Ago By ABMN Staff
SAP ( NYSE:SAP – Get Free Report ) had its target price raised by investment analysts at BMO Capital Markets from $300.00 to $320.00 in a research report issued on Wednesday.
The firm currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ price objective suggests a potential upside of 16.99% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the stock. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $38.
00 target price on shares of SAP in a research note on Thursday, January 30th. JMP Securities raised their price target on SAP from $300.00 to $330.
00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. Barclays upped their price objective on SAP from $283.00 to $286.
00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Finally, TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $240.00 to $305.
00 in a research report on Friday, January 17th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $254.
67. Check Out Our Latest Stock Report on SAP SAP Price Performance SAP ( NYSE:SAP – Get Free Report ) last posted its earnings results on Tuesday, April 22nd. The software maker reported $1.
51 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.12.
SAP had a return on equity of 12.18% and a net margin of 9.17%.
The company had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion.
As a group, equities analysts forecast that SAP will post 6.55 earnings per share for the current fiscal year. Institutional Inflows and Outflows Institutional investors and hedge funds have recently modified their holdings of the stock.
Centricity Wealth Management LLC acquired a new position in SAP during the fourth quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC raised its position in shares of SAP by 585.
7% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 96 shares of the software maker’s stock worth $26,000 after buying an additional 82 shares during the period.
Union Bancaire Privee UBP SA acquired a new position in SAP in the fourth quarter valued at $27,000. Rakuten Securities Inc. grew its position in SAP by 2,700.
0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock valued at $28,000 after acquiring an additional 108 shares during the period.
Finally, Creative Financial Designs Inc. ADV increased its stake in SAP by 153.5% during the first quarter.
Creative Financial Designs Inc. ADV now owns 109 shares of the software maker’s stock worth $29,000 after acquiring an additional 66 shares during the last quarter. About SAP ( Get Free Report ) 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. Further Reading 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 .
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