J P Morgan Chase & Co set a €105.00 ($125.00) price target on SAP (ETR:SAP) in a research report sent to investors on Wednesday. The brokerage currently has a buy rating on the technology company’s stock.
Several other research analysts have also weighed in on the company. Goldman Sachs Group set a €112.00 ($133.33) price target on SAP and gave the company a buy rating in a research report on Friday, November 17th. Citigroup set a €105.00 ($125.00) price target on SAP and gave the company a buy rating in a research report on Monday, October 23rd. UBS Group set a €93.00 ($110.71) price target on SAP and gave the company a neutral rating in a research report on Wednesday, September 13th. Berenberg Bank set a €106.00 ($126.19) price target on SAP and gave the company a buy rating in a research report on Friday, September 1st. Finally, Barclays set a €110.00 ($130.95) price target on SAP and gave the company a buy rating in a research report on Monday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €101.25 ($120.54).
SAP (SAP) opened at €94.58 ($112.60) on Wednesday. The firm has a market capitalization of $116,860.00 and a price-to-earnings ratio of 30.61. SAP has a 52-week low of €81.48 ($97.00) and a 52-week high of €100.70 ($119.88).
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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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