Credit Suisse Group Analysts Give SAP SE (ETR:SAP) a €100.00 Price Target

Credit Suisse Group set a €100.00 ($114.94) target price on SAP SE (ETR:SAP) in a report issued on Thursday. The firm currently has a buy rating on the technology company’s stock.

Several other equities analysts also recently issued reports on SAP. UBS AG set a €90.00 ($103.45) price target on shares of SAP SE and gave the company a buy rating in a report on Friday, March 17th. Baader Bank set a €105.00 ($120.69) price target on shares of SAP SE and gave the company a buy rating in a report on Wednesday, July 12th. Morgan Stanley set a €102.00 ($117.24) price objective on shares of SAP SE and gave the company a buy rating in a research note on Thursday, July 6th. Goldman Sachs Group, Inc. (The) set a €108.00 ($124.14) price objective on shares of SAP SE and gave the company a buy rating in a research note on Thursday, July 13th. Finally, Barclays PLC set a €110.00 ($126.44) price objective on shares of SAP SE and gave the company a buy rating in a research note on Friday, July 7th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have given a buy rating to the company’s stock. SAP SE currently has an average rating of Buy and an average price target of €95.90 ($110.23).

Shares of SAP SE (SAP) opened at 91.44 on Thursday. The company’s 50-day moving average is €94.63 and its 200-day moving average is €89.39. The firm has a market cap of €109.64 billion and a PE ratio of 30.58. SAP SE has a 52 week low of €66.23 and a 52 week high of €96.32.

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About SAP SE

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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