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Chủ Nhật, 12 tháng 4, 2015

Morningstar Issues “A+” Credit Rating to SAP SE (SAP) - The Legacy

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SAP SE (NYSE:SAP) has earned an “A+” credit rating from Morningstar. The firm’s “A+” rating suggests that the company is a low default risk. They also gave their stock a two star rating.


A number of other firms have also recently commented on SAP. Analysts at Barclays raised their price target on shares of SAP SE from $78.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday. Analysts at Wells Fargo & Co. downgraded shares of SAP SE from a “market perform” rating to an “underperform” rating in a research note on Monday, April 6th. They noted that the move was a valuation call. Analysts at Zacks upgraded shares of SAP SE from a “sell” rating to a “hold” rating and set a $73.00 price target on the stock in a research note on Friday, March 27th. Finally, analysts at RBC Capital raised their price target on shares of SAP SE from $68.00 to $72.00 and gave the company a “sector perform” rating in a research note on Monday, March 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the stock. SAP SE currently has an average rating of “Hold” and a consensus target price of $74.91.


SAP SE (NYSE:SAP) traded up 0.27% during mid-day trading on Friday, hitting $73.18. 604,645 shares of the company’s stock traded hands. SAP SE has a 52-week low of $62.82 and a 52-week high of $82.70. The stock has a 50-day moving average of $70. and a 200-day moving average of $68.. The company has a market cap of $87.47 billion and a price-to-earnings ratio of 24.76.


SAP SE (NYSE:SAP) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.42 by $0.04. On average, analysts predict that SAP SE will post $3.79 earnings per share for the current fiscal year.


SAP SE is engaged in providing enterprise applications. The Company markets and distributes its products, solutions, and services primarily through a worldwide network of local subsidiaries, which are licensed to distribute SAP offerings to customers in defined territories. The Company’s activities are broken down into two divisions: On-Premise and Cloud.


To view more credit ratings from Morningstar, visit http://ift.tt/1APXr4q.


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