Analyst Coverage

SAP communicates its strategy to financial analysts, portfolio managers, and private investors in road shows, group meetings, and one-on-one discussions around the world. About 50 banks and financial services provides regularly publish commentary, valuations, and recommendations on SAP stock.

The following list, which is not comprehensive, includes banks and securities firms that publish regular research reports on SAP.

Investor Services

Access subscriptions, frequently asked questions, and Investor Relations contacts

Arete Research Services LLP   Shepherd, Adam J.
Atlantic Equities, LLP   Bori, Josep
Baader Bank AG   Woller, Knut
Bank of America   Rangan, Kash
Bank of America   King, John
Barclays Capital   Vos, Gerardus
Barclays Capital Inc.   Lenschow, Raimo
Berenberg Bank (Schweiz) AG   Khan, Daud
Bryan Garnier - Forecast S.A.   Ramirez, Grégory
Citi Investment Research (Europe)   Pritchard, Walter
Commerzbank Corporates & Markets (Frankfurt)   Becker, Thomas M.
Credit Agricole S.A.   Beucher, Michael
Credit Suisse Securities (USA) LLC   Winslow, Philip A.
Deutsche Bank   Tout, Alex
DZ Bank AG   Schnitzer, Harald
Edward Jones   Miedler, Andrew T.
Evercore Partners   Materne, Stewart K.
Exane BNP Paribas (UK)   Prunas, Brice
fairesearch GmbH & Co KG   Steffen, Heinz
FBR Capital Markets & Co.   Ives, Daniel H.
Goldman Sachs International   Moawalla, Mohammed E.
HSBC Securities (France)   Baudry, Antonin
Jefferies & Company, Inc.   Zelnick, Brad A.
JMP Securities LLC   Walravens, Patrick D.
Joh. Berenberg, Gossler & Co.   Beaubois, Jean D.
JPMorgan Cazenove Limited   Pollard, Stacy E.
Jyske Bank A/S   Jakobsen, Robert
Kepler Cheuvreux   Daure, Laurent
Landesbank Baden-Wurttemberg   Maier, Mirko
MainFirst Bank   Sriraman, Chandramouli
Megabuyte   Crawshaw, James B.
Metzler Equity Research   Trabert, Ulrich
Morgan Stanley & Co. International Limited   Wood, Adam D.
Morgan Stanley & Co. International Limited   Mehra, Sid
Morningstar   Gogia, Sunit
Natixis   Giard, Gwénaël
Nomura Securities International, Inc.   Sherlund, Richard G.
NORD/LB Norddeutsche Landesbank   Donie, Wolfgang
Oppenheimer & Co. Inc.   Schwartz, Brian J.
Pacific Crest Securities Inc.   Barnicle, Brendan J.
Raymond James   Tillman, Terry
Redburn Partners, LLP   Steer, Neil E.
Royal Bank of Canada   MacMillan, Ross S.
Sanford C. Bernstein & Co., L.L.C.   Moerdler, Mark L.
Santander Investment Bolsa, S.V., S.A.   Treviño Peinador, Carlos Javier
SG Securities (Paris)   Nguyen, Richard
Stifel Nicolaus Canada, Inc.   Reback, Brad R.
Susquehanna Financial Group, LLLP   Wood, James D.
Ticonderoga Securities LLC   Herman, Neil J.
UBS Limited   Briest, Michael J.
Warburg Research GmbH   Wolf, Andreas
Wells Fargo Securities, LLC   Maynard, Jason A.
William Blair & Company, L.L.C. (Research)   Suri, Bhavanmit S.