Credit Suisse Group Reiterates €104.00 Price Target for SAP SE (SAP)

Credit Suisse Group set a €104.00 ($122.35) price target on SAP SE (ETR:SAP) in a research report report published on Monday. The firm currently has a buy rating on the technology company’s stock.

SAP has been the subject of a number of other research reports. J P Morgan Chase & Co set a €105.00 ($123.53) price target on shares of SAP SE and gave the stock a buy rating in a research note on Thursday, August 10th. Commerzbank Ag set a €100.00 ($117.65) price target on shares of SAP SE and gave the stock a neutral rating in a research note on Friday, June 23rd. Goldman Sachs Group, Inc. (The) set a €108.00 ($127.06) price target on shares of SAP SE and gave the stock a buy rating in a research note on Wednesday, September 20th. UBS AG set a €93.00 ($109.41) price target on shares of SAP SE and gave the stock a neutral rating in a research note on Wednesday, September 13th. Finally, Morgan Stanley set a €102.00 ($120.00) price target on shares of SAP SE and gave the stock a buy rating in a research note on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of €98.82 ($116.26).

SAP SE (SAP) opened at 95.07 on Monday. SAP SE has a 52-week low of €75.00 and a 52-week high of €96.32. The company’s 50-day moving average is €91.13 and its 200-day moving average is €92.01. The firm has a market capitalization of €113.98 billion and a P/E ratio of 33.13.

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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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