Shares of SAP SE (NYSE:SAP – Get Free Report) have earned an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $206.20.
A number of research firms recently commented on SAP. JMP Securities increased their target price on shares of SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a research report on Tuesday, April 23rd. StockNews.com downgraded SAP from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 18th. KeyCorp began coverage on SAP in a research note on Thursday, March 21st. They set an “overweight” rating on the stock. BMO Capital Markets boosted their price objective on SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a research note on Friday. Finally, Barclays lowered their target price on shares of SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th.
Get Our Latest Stock Report on SAP
Hedge Funds Weigh In On SAP
SAP Trading Down 1.3 %
SAP stock opened at $183.80 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.25 and a quick ratio of 1.25. SAP has a twelve month low of $126.75 and a twelve month high of $199.29. The company’s 50 day moving average is $188.09 and its two-hundred day moving average is $166.66.
SAP Increases Dividend
The business also recently declared an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 17th will be issued a dividend of $2.3852 per share. The ex-dividend date is Thursday, May 16th. This is an increase from SAP’s previous annual dividend of $2.19. This represents a dividend yield of 0.9%. SAP’s dividend payout ratio (DPR) is currently 34.92%.
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.
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