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

Citigroup Inc. set a €106.00 ($124.71) target price on SAP SE (ETR:SAP) in a report published on Friday, July 14th. The brokerage currently has a buy rating on the technology company’s stock.

SAP has been the topic of a number of other reports. Goldman Sachs Group, Inc. (The) set a €110.00 ($129.41) price target on shares of SAP SE and gave the stock a buy rating in a research note on Thursday, March 16th. Baader Bank set a €95.00 ($111.76) price target on shares of SAP SE and gave the stock a buy rating in a research note on Tuesday, March 21st. Nord/LB set a €104.00 ($122.35) price target on shares of SAP SE and gave the stock a buy rating in a research note on Monday, July 3rd. Societe Generale set a €111.00 ($130.59) price target on shares of SAP SE and gave the stock a buy rating in a research note on Wednesday, July 5th. Finally, Barclays PLC set a €110.00 ($129.41) price objective on shares of SAP SE and gave the stock a buy rating in a report on Friday, July 7th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of €97.21 ($114.37).

Shares of SAP SE (ETR:SAP) opened at 88.358 on Friday. The stock has a 50 day moving average price of €90.92 and a 200-day moving average price of €91.06. SAP SE has a 52 week low of €75.00 and a 52 week high of €96.32. The firm has a market capitalization of €105.93 billion and a price-to-earnings ratio of 30.787.

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About SAP SE

SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.

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