Shares of SAP SE (NYSE:SAP) have received an average rating of “Hold” from the twenty-five analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $80.50.
SAP SE (NYSE:SAP) opened at 79.10 on Monday. SAP SE has a 12-month low of $62.57 and a 12-month high of $81.21. The stock has a market cap of $94.76 billion and a P/E ratio of 28.06. The stock has a 50 day moving average price of $78.96 and a 200 day moving average price of $72.93.
An institutional investor recently raised its position in SAP SE stock. MUFG Americas raised its stake in shares of SAP SE (NYSE:SAP) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 792 shares of the company’s stock after buying an additional 42 shares during the period. MUFG Americas’ holdings in SAP SE were worth $51,000 at the end of the most recent reporting period.
Several brokerages recently weighed in on SAP. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of SAP SE in a report on Tuesday. Morgan Stanley reaffirmed a “buy” rating on shares of SAP SE in a report on Friday, November 13th. TheStreet raised shares of SAP SE from a “hold” rating to a “buy” rating in a report on Monday, November 2nd. Jefferies Group upped their target price on shares of SAP SE from $77.00 to $82.00 and gave the stock a “hold” rating in a report on Wednesday, October 21st. Finally, Barclays reaffirmed an “overweight” rating and issued a $91.00 target price (up previously from $88.00) on shares of SAP SE in a report on Wednesday, October 21st.
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.