Prime repercussions after profit warnings from SAP announced this morning. The UBS bank has changed the opinion on the German group from BUY to HOLD. The software giant has announced a reduction of the estimates on sales of 5% compared with forecasts last month. Currently the stock is losing 14%, trading at 108 euros.
UBS: HOLD rating on SAP
Tags: Bank, euro, euros, profit, rating, stock, trading
This entry was posted on December 18, 2009, 12:57 pm and is filed under finance. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.