SAP SE (SAP) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts broadly favor SAP: Twenty firms give the stock a “Moderate Buy” consensus, with 13 issuing buy or strong-buy ratings and seven recommending hold. Their average 12-month price target is $258.83.
• Recent analyst views are mixed: UBS downgraded SAP to neutral, while BMO raised its target to $265 and assigned an outperform rating; Morgan Stanley reaffirmed overweight.
• SAP shares opened at $230.42, with a 52-week range of $144.97–$264.10. Several large investors, including Bank of America and Tidal Investments, increased their holdings.

Shares of SAP SE (NYSE:SAP - Get Free Report) have earned an average rating of "Moderate Buy" from the twenty research firms that are currently covering the firm, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $258.83.

SAP has been the topic of a number of analyst reports. UBS Group lowered shares of SAP from a "buy" rating to a "neutral" rating in a report on Wednesday, August 26th. Weiss Ratings lowered SAP from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, October 23rd. Morgan Stanley reissued an "overweight" rating on shares of SAP in a research note on Friday, August 21st. Argus set a $265.00 price objective on SAP in a research note on Thursday, September 10th. Finally, BMO Capital Markets raised their target price on SAP from $235.00 to $265.00 and gave the company an "outperform" rating in a report on Thursday, October 22nd.

SAP Stock Performance

SAP opened at $230.42 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.18. The company's fifty day moving average price is $218.46 and its two-hundred day moving average price is $192.33. SAP has a 1-year low of $144.97 and a 1-year high of $264.10. The company has a market cap of $283.07 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 2.82 and a beta of 1.11.

Hedge Funds Weigh In On SAP

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its position in shares of SAP by 15.9% in the 1st quarter. Bank of America Corp DE now owns 2,018,383 shares of the software maker's stock worth $345,567,000 after purchasing an additional 276,263 shares during the last quarter. Tidal Investments LLC grew its position in SAP by 18.5% during the 2nd quarter. Tidal Investments LLC now owns 1,214,315 shares of the software maker's stock valued at $187,138,000 after purchasing an additional 189,591 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in SAP during the 1st quarter valued at about $150,701,000. Ruane Cunniff & Goldfarb L.P. increased its stake in SAP by 1,532.8% during the 1st quarter. Ruane Cunniff & Goldfarb L.P. now owns 749,909 shares of the software maker's stock valued at $128,392,000 after purchasing an additional 703,982 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in SAP by 48.2% in the first quarter. Principal Financial Group Inc. now owns 550,531 shares of the software maker's stock worth $94,257,000 after buying an additional 179,040 shares during the last quarter.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM employees, SAP originally developed software to help businesses integrate accounting and operational data. The company has since become a major provider of cloud-based business applications and enterprise technology.

SAP's portfolio includes enterprise resource planning software, including SAP S/4HANA Cloud, along with solutions for finance, procurement, supply chain management, human resources, customer experience and business analytics.

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