Analysts Set SAP SE (NYSE:SAP) Price Target at $248.83

Shares of SAP SE (NYSE:SAP - Get Free Report) have earned an average rating of "Buy" from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Nine equities research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $248.83.

Several equities research analysts recently issued reports on the company. TD Cowen raised SAP from a "hold" rating to a "buy" rating and upped their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. Barclays increased their target price on SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a research report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and set a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. Finally, BMO Capital Markets lifted their price objective on shares of SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Godsey & Gibb Inc. bought a new position in SAP during the 3rd quarter valued at $25,000. Centricity Wealth Management LLC acquired a new stake in shares of SAP in the fourth quarter valued at $25,000. Union Bancaire Privee UBP SA bought a new position in SAP during the fourth quarter valued at about $27,000. Rakuten Securities Inc. grew its holdings in SAP by 2,700.0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock worth $28,000 after acquiring an additional 108 shares during the period. Finally, Albion Financial Group UT lifted its holdings in SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock valued at $32,000 after acquiring an additional 71 shares during the last quarter.

SAP Stock Down 0.1 %

SAP traded down $0.39 during trading on Monday, hitting $288.08. The company had a trading volume of 679,232 shares, compared to its average volume of 1,026,179. The company has a market cap of $353.90 billion, a PE ratio of 100.38, a P/E/G ratio of 4.79 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP has a 1-year low of $174.88 and a 1-year high of $293.70. The business has a 50-day moving average of $264.61 and a 200-day moving average of $240.26.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. As a group, analysts forecast that SAP will post 6.55 earnings per share for the current year.

SAP Company Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.