SAP (ETR:SAP) has been assigned a €105.00 ($125.00) price objective by equities researchers at Morgan Stanley in a report issued on Thursday. The firm presently has a “neutral” rating on the technology company’s stock. Morgan Stanley’s price objective points to a potential upside of 12.94% from the company’s current price.
A number of other research firms have also commented on SAP. Barclays set a €110.00 ($130.95) price objective on SAP and gave the stock a “buy” rating in a research note on Friday, October 20th. Goldman Sachs Group set a €112.00 ($133.33) price objective on SAP and gave the stock a “buy” rating in a research note on Friday, November 17th. UBS Group set a €98.00 ($116.67) price objective on SAP and gave the stock a “neutral” rating in a research note on Thursday, November 9th. JPMorgan Chase & Co. set a €105.00 ($125.00) price objective on SAP and gave the stock a “buy” rating in a research note on Tuesday, December 26th. Finally, Commerzbank set a €99.00 ($117.86) price objective on SAP and gave the stock a “neutral” rating in a research note on Thursday, October 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €101.46 ($120.78).
SAP (ETR SAP) opened at €92.97 ($110.68) on Thursday. SAP has a 52 week low of €81.92 ($97.52) and a 52 week high of €100.70 ($119.88). The company has a market capitalization of $116,190.00 and a price-to-earnings ratio of 30.09.
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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