Analysts Set SAP SE (NYSE:SAP) Price Target at $206.20

SAP SE (NYSE:SAP) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $206.20.

Several research analysts have recently commented on SAP shares. Barclays reduced their price target on SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday, April 24th. BMO Capital Markets increased their price objective on SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday, April 26th. JMP Securities lifted their price target on shares of SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a research note on Tuesday, April 23rd. KeyCorp assumed coverage on shares of SAP in a report on Thursday, March 21st. They issued an “overweight” rating on the stock. Finally, The Goldman Sachs Group lifted their price objective on shares of SAP from $185.00 to $207.00 and gave the company a “buy” rating in a research report on Friday, January 26th.

Institutional Investors Weigh In On SAP

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Apollon Wealth Management LLC acquired a new stake in SAP in the fourth quarter valued at about $492,000. Stifel Financial Corp increased its holdings in shares of SAP by 10.9% during the third quarter. Stifel Financial Corp now owns 193,376 shares of the software maker’s stock valued at $25,007,000 after acquiring an additional 19,080 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of SAP by 5.8% during the fourth quarter. Blue Trust Inc. now owns 1,361 shares of the software maker’s stock valued at $210,000 after acquiring an additional 75 shares in the last quarter. Clear Street Markets LLC boosted its position in shares of SAP by 2.8% during the third quarter. Clear Street Markets LLC now owns 6,183 shares of the software maker’s stock valued at $800,000 after buying an additional 166 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in SAP by 68.5% in the fourth quarter. Private Trust Co. NA now owns 1,547 shares of the software maker’s stock worth $239,000 after purchasing an additional 629 shares during the last quarter.

SAP Stock Performance

Shares of SAP stock opened at $193.91 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average price of $188.46 and a two-hundred day moving average price of $173.11. SAP has a fifty-two week low of $126.75 and a fifty-two week high of $199.29.

SAP (NYSE:SAP) last posted its earnings results on Monday, April 22nd. The software maker reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.06). SAP had a net margin of 15.76% and a return on equity of 9.79%. The firm had revenue of $8.73 billion during the quarter, compared to the consensus estimate of $8.73 billion. As a group, research analysts forecast that SAP will post 4.56 earnings per share for the current year.

SAP Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Friday, May 17th will be given a dividend of $2.3852 per share. This is a positive change from SAP’s previous annual dividend of $2.19. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 16th. SAP’s payout ratio is presently 37.53%.

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.