SAP AG Receives a Hold from Credit Suisse

By Carrie Williams

Credit Suisse analyst David Hartley reiterated a Hold rating on SAP AG (NYSE: SAP) yesterday and set a price target of $45. The company’s shares opened today at $84.83.

According to TipRanks.com, Hartley is a 3-star analyst with an average return of 3.0% and a 60.0% success rate. Hartley covers the Services sector, focusing on stocks such as Restaurant Brands International, Alimentation Couche Tard, and CST Brands.

SAP AG has an analyst consensus of Moderate Buy, with a price target consensus of $95.75.

SAP AG’s market cap is currently $105.6B and has a P/E ratio of 27.43. The company has a book value ratio of 3.9584.