SAP (SAP) Getting Positive Press Coverage, Report Finds
Media stories about SAP (NYSE:SAP) have trended positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SAP earned a media sentiment score of 0.34 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 46.0847313492686 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Utopia Global Receives SAP® APJ Partner Excellence Award 2018 for SAP Solution Extensions (finance.yahoo.com)
- Content Analytics Market 2016 – 2024: Global Major Key Players Opentext Corporation, SAP SE, International … – Technology 24 (ittechnology24.com)
- Global Social Media Advertising Software Market 2018 – SAP SE (Germany), Salesforce.com inc. (US), IBM … – Software News (newsofsoftware.com)
- Embedded Analytics Market 2016 – 2024: Top Market SAP SE, Qlik, OpenText Corporation, Information Builders … – Technology 24 (ittechnology24.com)
- Lazard Asset Management LLC Boosts Stake in SAP SE (SAP) (americanbankingnews.com)
Several equities research analysts have recently commented on SAP shares. Zacks Investment Research cut shares of SAP from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Morgan Stanley cut shares of SAP from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 11th. Cowen cut shares of SAP from an “outperform” rating to a “market weight” rating in a report on Friday, January 12th. Royal Bank of Canada restated a “neutral” rating on shares of SAP in a report on Monday, January 22nd. Finally, Citigroup restated a “buy” rating on shares of SAP in a report on Friday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the stock. SAP currently has a consensus rating of “Buy” and an average target price of $103.18.
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SAP 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).
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