SAP (ETR:SAP) Given a €145.00 Price Target by HSBC Analysts

HSBC set a €145.00 ($168.60) target price on SAP (ETR:SAP) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other research analysts have also weighed in on the stock. Baader Bank set a €125.00 ($145.35) target price on shares of SAP and gave the company a neutral rating in a report on Wednesday, November 13th. Goldman Sachs Group set a €150.00 ($174.42) target price on shares of SAP and gave the company a buy rating in a report on Wednesday, November 13th. Oddo Bhf set a €110.00 ($127.91) target price on shares of SAP and gave the company a neutral rating in a report on Wednesday, October 23rd. UBS Group set a €125.00 ($145.35) price target on SAP and gave the stock a neutral rating in a research report on Wednesday, November 13th. Finally, Warburg Research set a €145.00 ($168.60) price target on SAP and gave the stock a buy rating in a research report on Wednesday, November 13th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of Buy and an average price target of €129.30 ($150.35).

Shares of SAP stock traded up €0.60 ($0.70) on Monday, reaching €122.66 ($142.63). The company’s stock had a trading volume of 2,147,152 shares, compared to its average volume of 3,430,000. The stock’s fifty day simple moving average is €115.98 and its 200-day simple moving average is €113.50. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 54.39. The company has a market capitalization of $148.99 billion and a price-to-earnings ratio of 43.22.

About SAP

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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Analyst Recommendations for SAP (ETR:SAP)

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