SAP: Analyst Opinion for SAP AG ADS - Yahoo! Finance

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Analyst Opinion	Get Analyst Opinion for:

RECOMMENDATION SUMMARY*

Mean Recommendation (this week):	3.3
Mean Recommendation (last week):	3.1
Change:	0.2

* (Strong Buy) 1.0 - 5.0 (Sell)

Compare to Industry

PRICE TARGET SUMMARY

Mean Target:	44.23
Median Target:	43.50
High Target:	56.00
Low Target:	35.00
No. of Brokers:	10

Data provided by Thomson/First Call

UPGRADES & DOWNGRADES HISTORY

Date	Research Firm	Action	From	To
24-Nov-09	Wedbush Morgan	Downgrade	Neutral	Underperform
8-Jul-09	Jefferies & Co	Upgrade	Hold	Buy
23-Mar-09	AmTech Research	Initiated		Sell
2-Mar-09	Deutsche Securities	Upgrade	Hold	Buy
19-Feb-09	HSBC Securities	Initiated		Neutral
13-Feb-09	Argus	Upgrade	Sell	Buy
12-Feb-09	Friedman Billings	Downgrade	Mkt Perform	Underperform
12-Dec-08	Jefferies & Co	Downgrade	Buy	Hold
20-Nov-08	Matrix Research	Downgrade	Buy	Hold
14-Oct-08	Deutsche Securities	Downgrade	Buy	Hold

More Upgrades & Downgrades for SAP

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RECOMMENDATION TRENDS

	Current Month	Last Month	Two Months Ago	Three Months Ago
Strong Buy	2	3	2	2
Buy	0	0	0	0
Hold	10	9	9	9
Underperform	2	2	2	2
Sell	2	2	2	2

Data provided by Thomson/First Call

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