Minerva Investment Management Society

Equity Research Report

SAP SE - Equity Research

· Equity Research

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Summary

The equity research division is delighted to present SAP, a German multinational software corporation. The company was significantly impacted by the COVID-19 pandemic, due to the decrease in investments by companies. However, according to our team the intrinsic value is higher than the current price, which we estimated €119. Therefore, our assumptions indicate BUY.

Authors

  • Çisem AlmalıAnalyst
  • Federico NadaAnalyst
  • Enrico ConfortoAnalyst
  • Dario ScordamagliaAnalyst
  • Gianmaria BartoccioniHead of Equity Research
  • Tommaso BeverinaHead of Research

Details

Published
9 December 2020
Division
Equity Research
Type
Equity Research Report
Pages
13
Authors
6

Cite this report

Minerva Investment Management Society (2020). SAP SE - Equity Research. Equity Research. https://minervaims.org/archive/sap-se-equity-research-2020

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