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SAP AG (SAP) Gets a Buy Rating from Oppenheimer

In a report released yesterday, Ray McDonough from Oppenheimer maintained a Buy rating on SAP AG (SAPResearch Report). The company’s shares closed last Tuesday at $134.63.

According to TipRanks.com, McDonough is a 1-star analyst with an average return of 0.5% and a 50.0% success rate. McDonough covers the Technology sector, focusing on stocks such as ServiceNow, Workday, and Oracle.

SAP AG has an analyst consensus of Strong Buy, with a price target consensus of $167.67.

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The company has a one-year high of $159.46 and a one-year low of $104.64. Currently, SAP AG has an average volume of 559.6K.

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Founded in 1972, Germany-based SAP SE, engages in the provision of enterprise application software and software-related services. It operates through four segments, including Applications, Technology, & Support; Concur; Qualtrics; and Services.

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