News coverage about SAP SE (NYSE:SAP) has trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SAP SE earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.2344346043859 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

Several analysts recently commented on SAP shares. BidaskClub cut SAP SE from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Zacks Investment Research cut SAP SE from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. BMO Capital Markets raised their target price 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. DZ Bank AG restated a “buy” rating on shares of SAP SE in a research report on Thursday, July 20th. Finally, Royal Bank Of Canada raised their target price on SAP SE from $102.00 to $106.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $95.69.

SAP SE (NYSE:SAP) traded down 0.67% during midday trading on Wednesday, hitting $105.69. The stock had a trading volume of 562,497 shares. The company has a market cap of $126.71 billion, a P/E ratio of 31.18 and a beta of 1.12. The stock’s 50-day moving average is $105.28 and its 200-day moving average is $99.85. SAP SE has a one year low of $80.93 and a one year high of $108.72.

SAP SE declared that its Board of Directors has initiated a stock repurchase plan on Thursday, July 20th that permits the company to repurchase shares. This repurchase authorization permits the software maker to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its shares are undervalued.

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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).

Insider Buying and Selling by Quarter for SAP SE (NYSE:SAP)

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