Goldman Sachs Group, Inc. (The) set a €108.00 ($128.57) target price on SAP SE (ETR:SAP) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the technology company’s stock.
A number of other research analysts have also recently commented on the stock. UBS AG set a €93.00 ($110.71) price target on shares of SAP SE and gave the stock a neutral rating in a report on Wednesday, September 13th. Citigroup Inc. set a €105.00 ($125.00) price target on shares of SAP SE and gave the stock a buy rating in a report on Wednesday, September 6th. Berenberg Bank set a €106.00 ($126.19) price target on shares of SAP SE and gave the stock a buy rating in a report on Friday, September 1st. Barclays PLC set a €110.00 ($130.95) price target on shares of SAP SE and gave the stock a buy rating in a report on Thursday, August 31st. Finally, J P Morgan Chase & Co set a €105.00 ($125.00) price target on shares of SAP SE and gave the stock a buy rating in a report on Thursday, August 10th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company. SAP SE has a consensus rating of Buy and an average target price of €97.60 ($116.19).
Shares of SAP SE (ETR:SAP) opened at 92.198 on Wednesday. SAP SE has a 52 week low of €75.00 and a 52 week high of €96.32. The company has a market cap of €110.54 billion and a price-to-earnings ratio of 32.125. The stock’s 50 day moving average is €89.80 and its 200-day moving average is €91.67.
About SAP SE
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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