Goldman Sachs Group set a €135.00 ($156.98) price target on SAP (ETR:SAP) in a report published on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other brokerages have also recently commented on SAP. Nord/LB set a €115.00 ($133.72) price target on SAP and gave the stock a neutral rating in a research report on Wednesday, April 24th. Kepler Capital Markets set a €100.00 ($116.28) price target on SAP and gave the stock a neutral rating in a research report on Wednesday, April 24th. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on SAP and gave the company a buy rating in a research note on Thursday, May 2nd. Barclays set a €125.00 ($145.35) price objective on SAP and gave the company a buy rating in a research note on Thursday, April 25th. Finally, Baader Bank set a €125.00 ($145.35) price objective on SAP and gave the company a buy rating in a research note on Monday, April 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €115.22 ($133.97).
Shares of ETR SAP opened at €114.60 ($133.26) on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 50.41. SAP has a 52 week low of €83.95 ($97.62) and a 52 week high of €117.08 ($136.14). The firm has a market capitalization of $136.83 billion and a P/E ratio of 41.99.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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