Deutsche Bank Analysts Give SAP (SAP) a €120.00 Price Target

Deutsche Bank set a €120.00 ($139.53) target price on SAP (ETR:SAP) in a research report released on Friday morning. The brokerage currently has a buy rating on the technology company’s stock.

A number of other equities analysts also recently issued reports on SAP. Barclays set a €122.00 ($141.86) price objective on shares of SAP and gave the stock a buy rating in a report on Thursday, October 18th. Berenberg Bank set a €106.00 ($123.26) price objective on shares of SAP and gave the stock a buy rating in a report on Friday, July 20th. JPMorgan Chase & Co. set a €115.00 ($133.72) price objective on shares of SAP and gave the stock a buy rating in a report on Friday, October 12th. Citigroup set a €109.00 ($126.74) price objective on shares of SAP and gave the stock a buy rating in a report on Thursday, July 12th. Finally, Credit Suisse Group set a €120.00 ($139.53) price objective on shares of SAP and gave the stock a buy rating in a report on Monday, June 25th. Six analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. SAP currently has an average rating of Buy and an average price target of €113.75 ($132.27).

SAP opened at €94.99 ($110.45) on Friday. SAP has a 1 year low of €81.37 ($94.62) and a 1 year high of €100.70 ($117.09).

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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