SAP "overweight"

03.07.06 - J.P. Morgan Securities

LONDON, July 3 (newratings.com) - Analysts at JP Morgan reiterate their "overweight" rating on SAP AG (SAP-EUR).

In a research note published this morning, the analysts mention that initial checks indicate that the company would post healthy results for 2Q. SAP continues to gain market share, the analysts say. The company is likely to generate 20%-25% earnings growth going ahead, JP Morgan adds.