SAP SE (NYSE:SAP) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.31 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Jefferies downgrades its outlook on SAP SE (NYSE:SAP). The current rating of the shares is Underperform, according to the research report released by the firm. Previously, the company had a rating of Hold. The rating by the firm was issued on June 13, 2016.
SAP SE (NYSE:SAP) stock has received a short term price target of $ 88.82 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $11.57. The higher estimate of target price is $108 , while the lower price target estimate is $78
SAP SE (NYSE:SAP) rose 1.7% or 1.33 points on Tuesday and made its way into the gainers of the day. After trading began at $79.15 the stock was seen hitting $79.78 as a peak level and $78.88 as the lowest level. The stock ended up at $79.42. The daily volume was measured at 994,650 shares. The 52-week high of the share price is $82.19 and the 52-week low is $62.57. The company has a market cap of $97,568 million.
Shares of SAP SE rose by 4.35% in the last five trading days and 2.19% for the last 4 weeks. SAP SE is up 1.52% in the last 3-month period. Year-to-Date the stock performance stands at 2.11%.
SAP SE, formerly SAP AG, is a provider of application and analytics software for enterprises in mobile enterprise management. SAP is an enterprise cloud company. As of December 31, 2014, the Company has more than 282,000 customers in over 180 countries. The Company offers solutions-based on its SAP HANA platform. The SAP HANA platform combines database, data processing, and application platform capabilities in-memory. It also provides capabilities, such as predictive text analytics, spatial processing and data virtualization. The Company offers application software to around 25 industries in six industry sectors and 12 business lines, including consumer, discrete manufacturing, energy and natural resources, financial services, public services and other services. Through Sapphire Ventures, Sapphire Ventures invests in global companies, as well as early-stage venture capital funds in enterprise and consumer technology.