Credit Suisse Group Analysts Give SAP (SAP) a €103.00 Price Target

Credit Suisse Group set a €103.00 ($122.62) price objective on SAP (ETR:SAP) in a research report sent to investors on Monday. The brokerage currently has a buy rating on the technology company’s stock.

SAP has been the topic of several other research reports. S&P Global set a €95.00 ($113.10) price objective on SAP and gave the stock a neutral rating in a report on Thursday, October 19th. Goldman Sachs Group set a €110.00 ($130.95) price objective on SAP and gave the stock a buy rating in a report on Friday, October 20th. Nord/LB set a €99.00 ($117.86) target price on SAP and gave the company a neutral rating in a report on Thursday, October 19th. Citigroup set a €105.00 ($125.00) target price on SAP and gave the company a buy rating in a report on Monday, October 23rd. Finally, Barclays set a €110.00 ($130.95) target price on SAP and gave the company a buy rating in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of €100.88 ($120.09).

Shares of SAP (SAP) opened at €95.00 ($113.10) on Monday. SAP has a twelve month low of €75.52 ($89.90) and a twelve month high of €100.70 ($119.88).

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SAP 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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