Analyst Recommendation for Sapiens Intl (SPNS)

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Date:	Sep 3, 2008
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Pages:	5
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Analyst Information for Sapiens International Corp. N.V.

Consensus Rating Average

Consensus Rating for SPNS is STRONG BUY

Since many brokers have different rating systems, we maintain a standard system with an assigned numeric value from 1 to 5. Ratings are a translation of brokers' recommendations to the recommendation scale, which ranges from a rating of 1 (a strong buy) to a rating of 5 (a strong sell).

Rating Scale

	Strong Buy	1.0 - 1.5
	Moderate Buy	1.6 - 2.5
	Hold	2.6 - 3.5
	Moderate Sell	3.6 - 4.5
	Strong Sell	4.6 - 5.0

Consensus Rating Details

Current Average Recommendation	0.00
Previous Average Recommendation	0.00
Change in Average Recommendation	0.00
Number of Analysts Reporting	0

Strong Buy
1.0

Current: 0.00

Previous: 0.00

Change: 0.00

Strong Sell
5.0

Consensus Rating Industry Comparison

Industry: N/A
Number of companies in industry with recommendations	N/A
Rank Recommendation relative to companies in its industry	N/A

Ranked N/A in Industry

1N/A N/A

Analyst Recommendations

Analysts recommending Strong Buy	0
Analysts recommending Moderate Buy	0
Analysts recommending Hold	0
Analysts recommending Moderate Sell	0
Analysts recommending Strong Sell	0

Recommendations History

	Current	1 Month Ago	2 Months Ago	3 Months Ago
Strong Buy	0	0	0	1
Moderate Buy	0	0	0	0
Hold	0	0	0	0
Moderate Sell	0	0	0	0
Strong Sell	0	0	0	0
Mean Rec.	0.00	0.00	0.00	1.00

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