SAP SE (SAP) has an average broker rating of 2.31, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
SAP SE (SAP) : Currently there are 7 street experts covering SAP SE (SAP) stock. The most bullish and bearish price target for the stock is $105 and $79 respectively for the short term. The average price target of all the analysts comes to $90.7. The estimated standard deviation from the target is $8.57.
Also, 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): After opening at $87.77, the stock dipped to an intraday low of $87.53 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $88.81 and the buying power remained strong till the end. The stock closed at $88.67 for the day, a gain of 0.40% for the day session. The total traded volume was 758,238. The stocks close on the previous trading day was $88.32.
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.