SAP (SAP) Given a €105.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €105.00 ($125.00) price target on SAP (ETR:SAP) in a research report report published on Tuesday morning. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on SAP. Baader Bank set a €105.00 ($125.00) target price on shares of SAP and gave the stock a buy rating in a research report on Monday, October 9th. Commerzbank set a €99.00 ($117.86) price target on shares of SAP and gave the company a neutral rating in a report on Thursday, September 28th. Independent Research set a €97.00 ($115.48) price target on shares of SAP and gave the company a neutral rating in a report on Thursday, October 19th. Morgan Stanley set a €111.00 ($132.14) price target on shares of SAP and gave the company a buy rating in a report on Monday, December 18th. Finally, Goldman Sachs Group set a €108.00 ($128.57) price target on shares of SAP and gave the company a buy rating in a report on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of €101.25 ($120.54).

Shares of SAP (SAP) opened at €94.58 ($112.60) on Tuesday. The firm has a market cap of $116,190.00 and a PE ratio of 30.61. SAP has a 1 year low of €81.48 ($97.00) and a 1 year high of €100.70 ($119.88).

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About SAP

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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