SAP SE (ETR:SAP) received a €105.00 ($123.53) price objective from J P Morgan Chase & Co in a report released on Wednesday. The firm presently has a “buy” rating on the technology company’s stock.
Other equities research analysts have also recently issued reports about the stock. Morgan Stanley set a €102.00 ($120.00) price objective on shares of SAP SE and gave the company a “buy” rating in a research note on Monday, July 17th. Citigroup Inc. set a €106.00 ($124.71) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Friday, July 14th. Credit Suisse Group set a €100.00 ($117.65) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Thursday, July 13th. 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 report on Thursday, July 13th. Finally, Baader Bank set a €105.00 ($123.53) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of €98.94 ($116.40).
SAP SE (ETR SAP) opened at 94.981 on Wednesday. SAP SE has a 1-year low of €75.00 and a 1-year high of €96.32. The stock’s 50 day moving average is €91.29 and its 200-day moving average is €92.04. The firm has a market capitalization of €113.87 billion and a PE ratio of 33.094.
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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