Is SAP (NYSE:SAP) In Trouble? Cowen \u0026 Co. Issues Downgrade

Sunday, 14 Jan, 2018

Shares of SAP (ETR:SAP) traded down €0.70 ($0.83) during trading on Thursday, hitting €90.73 ($108.01). The stock has a market cap of $111,460.00 and a P/E ratio of 29.36. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Water segment designs, makes, and services products and solutions to meet filtration, separation, flow, and water management challenges in agriculture, aquaculture, foodservice, food and beverage processing, swimming pools, water supply and disposal, and various industrial applications.

SAP (NYSE:SAP) last released its quarterly earnings data on Thursday, October 19th. The company's revenue was up 4.0% compared to the same quarter last year. equities research analysts expect that SAP will post 4.13 EPS for the current fiscal year. The software maker reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.12. Fisher Asset Management LLC boosted its stake in shares of SAP by 2.1% during the third quarter. Moreover, West Family Investments Inc. has 1.34% invested in the company for 1.11 million shares. Gendell Jeffrey L, a Connecticut-based fund reported 461,661 shares. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have assigned a buy rating to the stock. SAP has a 1-year low of €81.92 ($97.52) and a 1-year high of €100.70 ($119.88). SAP now has an average rating of Buy and a consensus target price of €101.46 ($120.78). PNR was included in 11 notes of analysts from July 22, 2015. Back-tests of such patterns show that the break even failure rate is 10%, the average rise: 19%, the throwback rate: 61% and the percentage of stocks meeting their price targets: 40%. The firm has "Hold" rating given on Wednesday, October 18 by RBC Capital Markets. Susquehanna downgraded the stock to "Neutral" rating in Monday, November 7 report. The company was maintained on Friday, October 13 by Cowen & Co. Stifel Nicolaus maintained it with "Sell" rating and $7500 target in Friday, July 14 report. JP Morgan upgraded SAP SE (NYSE:SAP) on Tuesday, September 15 to "Overweight" rating. About 1.43M shares traded or 57.68% up from the average. It is down 0.00% since January 13, 2017 and is. It has underperformed by 1.71% the S&P500. Zacks Investment Research upgraded shares of SAP from a "hold" rating to a "buy" rating and set a $127.00 price target on the stock in a research report on Monday, October 23rd. Therefore 55% are positive. Finally, Credit Suisse Group set a €103.00 ($122.62) price objective on shares of SAP and gave the company a "buy" rating in a research report on Monday, December 4th. The firm has "Neutral" rating by UBS given on Monday, March 27. The stock has "Market Perform" rating by BMO Capital Markets on Wednesday, January 25.

Expert analysts at Cowen \u0026 Co.'s equity research division lowered the rating for shares of SAP (NYSE:SAP) from a "Outperform" to a "Market Weight" on Friday, 12 January. The company was maintained on Thursday, July 13 by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Friday, January 6 with "Sector Perform". JMP Securities has "Mkt Outperform" rating and $95 target. The rating was maintained by BMO Capital Markets with "Market Perform" on Wednesday, January 25.