SAP SE (SAP) Given Buy Rating at Oppenheimer Holdings, Inc.

Oppenheimer Holdings, Inc. reissued their buy rating on shares of SAP SE (NYSE:SAP) in a research report released on Tuesday morning. They currently have a $120.00 price objective on the software maker’s stock.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada reaffirmed a neutral rating on shares of SAP SE in a research report on Monday, October 16th. BMO Capital Markets lifted their price objective on SAP SE from $105.00 to $110.00 and gave the company a market perform rating in a research report on Friday, July 21st. Argus lifted their price objective on SAP SE from $118.00 to $130.00 and gave the company a buy rating in a research report on Monday, October 23rd. DZ Bank AG reaffirmed a buy rating on shares of SAP SE in a research report on Thursday, July 20th. Finally, Zacks Investment Research raised SAP SE from a hold rating to a buy rating and set a $127.00 price target on the stock in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the stock. SAP SE presently has an average rating of Buy and an average price target of $106.91.

Shares of SAP SE (NYSE SAP) opened at $113.75 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $140,310.00, a P/E ratio of 31.50, a price-to-earnings-growth ratio of 3.26 and a beta of 1.14. SAP SE has a 12-month low of $81.30 and a 12-month high of $116.90.

SAP SE (NYSE:SAP) last posted its quarterly earnings data on Thursday, October 19th. The software maker reported $1.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.12. The business had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.68 billion. SAP SE had a return on equity of 16.13% and a net margin of 17.75%. SAP SE’s revenue was up 4.0% on a year-over-year basis. equities research analysts anticipate that SAP SE will post 4.13 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This article was first reported by BBNS and is owned by of BBNS. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://baseballnewssource.com/markets/sap-se-sap-given-buy-rating-at-oppenheimer-holdings-inc/1782672.html.

A number of hedge funds have recently added to or reduced their stakes in the stock. Strategic Global Advisors LLC lifted its position in SAP SE by 0.3% in the 2nd quarter. Strategic Global Advisors LLC now owns 3,468 shares of the software maker’s stock valued at $363,000 after acquiring an additional 12 shares in the last quarter. Eaton Vance Management lifted its position in SAP SE by 1.1% in the 2nd quarter. Eaton Vance Management now owns 2,176 shares of the software maker’s stock valued at $228,000 after acquiring an additional 23 shares in the last quarter. Huntington National Bank lifted its position in SAP SE by 1.6% in the 2nd quarter. Huntington National Bank now owns 1,548 shares of the software maker’s stock valued at $162,000 after acquiring an additional 24 shares in the last quarter. Sawtooth Solutions LLC lifted its position in SAP SE by 1.4% in the 2nd quarter. Sawtooth Solutions LLC now owns 3,855 shares of the software maker’s stock valued at $404,000 after acquiring an additional 52 shares in the last quarter. Finally, YorkBridge Wealth Partners LLC lifted its position in SAP SE by 2.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,604 shares of the software maker’s stock valued at $372,000 after acquiring an additional 79 shares in the last quarter. 3.63% of the stock is currently owned by institutional investors and hedge funds.

SAP SE Company Profile

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

Analyst Recommendations for SAP SE (NYSE:SAP)

Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with our FREE daily email newsletter.

 


Latest News

Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity
Red Sox Want Sluggers, Giancarlo Stanton May Become Available
Red Sox Want Sluggers, Giancarlo Stanton May Become Available


Leave a Reply

 
© 2006-2017 BBNS.