Cowen & Co. Maintains SAP AG (SAP) As “Buy”; Has PT Of $113.0; Invacare (IVC) Shorts Decreased By 1.66%

October 15, 2017 – By Nellie Frank

Invacare Corporation (NYSE:IVC) had a decrease of 1.66% in short interest. IVC’s SI was 8.25M shares in October as released by FINRA. Its down 1.66% from 8.39M shares previously. With 314,500 avg volume, 26 days are for Invacare Corporation (NYSE:IVC)’s short sellers to cover IVC’s short positions. The SI to Invacare Corporation’s float is 26.59%. The stock decreased 1.37% or $0.2 on October 13, reaching $14.45. About 542,737 shares traded. Invacare Corporation (NYSE:IVC) has risen 42.93% since October 15, 2016 and is uptrending. It has outperformed by 26.23% the S&P500.

Among 20 analysts covering Sap Ag (NYSE:SAP), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. Sap Ag has $115 highest and $75.0 lowest target. $98’s average target is -13.06% below currents $112.72 stock price. Sap Ag had 43 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of SAP SE (ADR) (NYSE:SAP) earned “Hold” rating by Evercore on Wednesday, June 1. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 17. On Wednesday, August 9 the stock rating was maintained by Oppenheimer with “Buy”. The firm has “Market Perform” rating given on Wednesday, January 25 by BMO Capital Markets. The stock of SAP SE (ADR) (NYSE:SAP) earned “Hold” rating by RBC Capital Markets on Friday, August 25. Argus Research maintained SAP SE (ADR) (NYSE:SAP) on Tuesday, January 26 with “Buy” rating. The stock of SAP SE (ADR) (NYSE:SAP) has “Neutral” rating given on Monday, March 27 by UBS. FBR Capital maintained SAP SE (ADR) (NYSE:SAP) on Monday, January 25 with “Mkt Perform” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, January 6. The firm has “Buy” rating given on Wednesday, June 7 by Oppenheimer.

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Since May 16, 2017, it had 0 insider buys, and 1 insider sale for $40,918 activity. $40,918 worth of Invacare Corporation (NYSE:IVC) shares were sold by LaPorte Dale C.

Investors sentiment increased to 1.94 in Q2 2017. Its up 0.56, from 1.38 in 2017Q1. It is positive, as 6 investors sold Invacare Corporation shares while 30 reduced holdings. 24 funds opened positions while 46 raised stakes. 37.86 million shares or 11.78% more from 33.87 million shares in 2017Q1 were reported. Arizona-based Arizona State Retirement System has invested 0% in Invacare Corporation (NYSE:IVC). Quantbot Technology Limited Partnership holds 2,900 shares. Citadel Advsrs Limited Company holds 0% of its portfolio in Invacare Corporation (NYSE:IVC) for 55,762 shares. Geode Cap Mgmt Ltd Liability Corp, a Massachusetts-based fund reported 256,398 shares. Swiss Savings Bank has invested 0% in Invacare Corporation (NYSE:IVC). State Of Alaska Department Of Revenue reported 0.01% stake. 1St Glob, a Texas-based fund reported 10,443 shares. Da Davidson And stated it has 846 shares or 0% of all its holdings. Tocqueville Asset Management Lp invested 0.08% in Invacare Corporation (NYSE:IVC). Goldman Sachs Gru Inc holds 0% or 723,650 shares. State Of Tennessee Treasury Department owns 27,500 shares for 0% of their portfolio. Barclays Pcl holds 0% or 11,459 shares in its portfolio. Meeder Asset Mgmt holds 97 shares. Louisiana State Employees Retirement owns 13,100 shares or 0.01% of their US portfolio. 1.53 million were reported by Brandes Invest Prtn Limited Partnership.

Invacare Corporation is a manufacturer and distributor for medical equipment used in non-acute care settings. The company has market cap of $474.98 million. The Company’s geographical divisions are Europe; North America, which includes North America/Home Medical Equipment and Institutional Products Group (IPG) divisions, and Asia/Pacific. It currently has negative earnings. The Firm makes and distributes three product categories: mobility and seating, lifestyle and respiratory therapy.

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Among 2 analysts covering Invacare Corporation (NYSE:IVC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Invacare Corporation had 3 analyst reports since April 5, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 26 by KeyBanc Capital Markets. The company was maintained on Wednesday, April 5 by Stephens. The stock of Invacare Corporation (NYSE:IVC) has “Overweight” rating given on Monday, May 1 by Stephens.

Analysts await SAP SE (ADR) (NYSE:SAP) to report earnings on October, 19 before the open. They expect $0.89 EPS, up 30.88% or $0.21 from last year’s $0.68 per share. SAP’s profit will be $1.09B for 31.66 P/E if the $0.89 EPS becomes a reality. After $0.76 actual EPS reported by SAP SE (ADR) for the previous quarter, Wall Street now forecasts 17.11% EPS growth.

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