SAP SE (ETR:SAP) Given a €106.00 Price Target by Citigroup Inc. Analysts

SAP SE (ETR:SAP) received a €106.00 ($121.84) price objective from investment analysts at Citigroup Inc. in a report issued on Friday. The firm presently has a “buy” rating on the technology company’s stock.

Several other research analysts also recently commented on the company. Credit Suisse Group set a €100.00 ($114.94) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, July 13th. Goldman Sachs Group, Inc. (The) set a €108.00 ($124.14) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, July 13th. Baader Bank set a €105.00 ($120.69) price objective on SAP SE and gave the stock a “buy” rating in a report on Wednesday, July 12th. Barclays PLC set a €110.00 ($126.44) price objective on SAP SE and gave the stock a “buy” rating in a report on Friday, July 7th. Finally, Morgan Stanley set a €102.00 ($117.24) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, July 6th. Three investment 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. SAP SE currently has an average rating of “Buy” and an average target price of €95.90 ($110.23).

Shares of SAP SE (SAP) opened at 91.44 on Friday. The firm has a 50 day moving average price of €94.63 and a 200-day moving average price of €89.39. The company has a market cap of €109.64 billion and a price-to-earnings 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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