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Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) [hlAlert]

Rating:
Hold SAP

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) rated Hold by Matrix Research

Posted on: Thursday,  Nov 20, 2008  8:25 AM ET by Matrix Research

SAP AG (SAP)
rated Hold by Matrix Research.

SAP AG is engaged in selling licenses for software solutions and related support services. In addition, the Company offers consulting, training and other services for its software solutions. As of December 31, 2008, the Company had more than 82,000 customers in over 120 countries and employed more than 51,500 individuals at locations in more than 50 countries. As of December 31, 2008, SAP consisted of SAP AG and its network of 187 subsidiaries. It has three segments: product, consulting and training. It offers a portfolio of business software, technology, and related services and support to meet the long-term requirements and needs of its customers. SAP Business Suite applications provide end-to-end business process support, reporting, and analytics. Its core applications, industry applications and supplementary applications are powered by the SAP NetWeaver technology platform. It acquired Business Objects S.A in January 2008. In October 2009, it acquired 70.67 % stake in SAF AG.

Matrix is a full-service financial firm serving the individual and institutional investor. We adhere to the principles of education, communication and transparency throughout all of our businesses. We enable success by finding and relentlessly pursuing opportunities others may not see. We use proprietary research to identify companies whose intrinsic values and market value are mismatched. We offer asset management services designed to outperform the market with a measured amount of risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2008 8:25 AM Hold
None
30.90
as of 12/24/2008
1 Week up  7.80 %
1 Month up  13.18 %
3 Months up  34.49 %
1 YTD up  34.49 %

(*) Stock Price at the time of the recommendation.
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