Somewhat Favorable Media Coverage Somewhat Unlikely to Impact SAP (SAP) Stock Price

Media coverage about SAP (NYSE:SAP) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SAP earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 45.1772668815493 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Shares of SAP (NYSE:SAP) traded up $1.26 during midday trading on Wednesday, reaching $104.06. The company’s stock had a trading volume of 627,896 shares, compared to its average volume of 1,314,616. The stock has a market cap of $125,220.00, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 2.81 and a beta of 1.11. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.17 and a quick ratio of 1.18. SAP has a 12 month low of $91.39 and a 12 month high of $116.90.

A number of equities analysts have issued reports on SAP shares. Argus increased their price target on SAP from $118.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, October 23rd. Zacks Investment Research downgraded SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Morgan Stanley downgraded SAP from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 11th. Oppenheimer reiterated a “buy” rating and set a $120.00 price objective on shares of SAP in a research report on Tuesday, November 14th. Finally, Desjardins raised SAP to a “buy” rating and set a $49.00 target price for the company in a research note on Thursday, December 28th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $104.67.

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About SAP

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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