SAP SE (SAP) PT Set at €105.00 by JPMorgan Chase & Co.

SAP SE (ETR:SAP) has been assigned a €105.00 ($123.53) price target by research analysts at JPMorgan Chase & Co. in a report released on Thursday. The brokerage currently has a “buy” rating on the technology company’s stock.

Other analysts also recently issued reports about the stock. Commerzbank Ag set a €100.00 ($117.65) price target on shares of SAP SE and gave the stock a “buy” rating in a report on Tuesday, April 18th. Deutsche Bank AG set a €97.00 ($114.12) price target on shares of SAP SE and gave the stock a “buy” rating in a report on Tuesday, April 18th. Bank of America Corporation set a €98.00 ($115.29) price target on shares of SAP SE and gave the stock a “buy” rating in a report on Wednesday, April 12th. Citigroup Inc. set a €106.00 ($124.71) price target on shares of SAP SE and gave the stock a “buy” rating in a report on Wednesday, April 12th. Finally, Barclays PLC set a €110.00 ($129.41) price target on shares of SAP SE and gave the stock a “buy” rating in a report on Wednesday, April 26th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of €97.21 ($114.37).

SAP SE (SAP) opened at 88.358 on Thursday. SAP SE has a 52-week low of €75.00 and a 52-week high of €96.32. The firm has a 50-day moving average of €90.92 and a 200 day moving average of €91.06. The company has a market capitalization of €105.93 billion and a P/E ratio of 30.787.

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SAP SE Company Profile

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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