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J.P. Morgan Sticks to Its Hold Rating for SAP SE (0NW4)

Tipranks - Tipranks - Fri Jun 12, 7:08AM CDT

In a report released today, Toby Ogg from J.P. Morgan maintained a Hold rating on SAP SE, with a price target of €175.00.

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According to TipRanks, Ogg is a 4-star analyst with an average return of 7.4% and a 57.02% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SAP SE with a €205.59 average price target.

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Based on SAP SE’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €9.56 billion and a net profit of €1.93 billion. In comparison, last year the company earned a revenue of €9.01 billion and had a net profit of €1.78 billion

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NW4 in relation to earlier this year.

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