In a report issued on July 18, Ross MacMillan from RBC Capital reiterated a Hold rating on SAP AG (NYSE: SAP), with a price target of $126. The company’s shares closed yesterday at $117.41.
According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 30.4% and a 86.8% success rate. MacMillan covers the Technology sector, focusing on stocks such as Coupa Software Inc, Salesforce.com, and Ellie Mae Inc.
SAP AG has an analyst consensus of Moderate Buy, with a price target consensus of $129.20, representing a 10.0% upside. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a $118 price target.
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SAP AG’s market cap is currently $140.1B and has a P/E ratio of 28.22. The company has a Price to Book ratio of 4.57.
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