This content is only available within our institutional offering.
14 Jan 2022
SAP: Delivering solid performance in 2021 and keeping up in 2022 | BUY Top Picks | EUR145
Sign in
This content is only available to commercial clients. Sign in if you have access or contact support@research-tree.com to set up a commercial account
This content is only available to commercial clients. Sign in if you have access or contact support@research-tree.com to set up a commercial account
SAP: Delivering solid performance in 2021 and keeping up in 2022 | BUY Top Picks | EUR145
SAP - BUY Top Picks | EUR145(+20%)
Delivering solid performance in 2021 and keeping up in 2022
We reiterate our Buy rating and Top Pick status for Q1 2022
Preliminary results 2021 were slightly above expectations
Momentum on S/4HANA Cloud remained very strong in Q4
Guidance for 2022 is not really surprising, but offers upside potential