Credit Suisse Group set a €126.00 ($146.51) target price on SAP (ETR:SAP) in a research note released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
Several other research firms also recently weighed in on SAP. Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the stock a buy rating in a research report on Monday, May 13th. UBS Group restated a neutral rating on shares of CAIXABANK/ADR in a research report on Thursday. Nord/LB set a €115.00 ($133.72) price target on shares of SAP and gave the stock a neutral rating in a research report on Friday, June 28th. HSBC downgraded shares of Huazhu Group from a buy rating to a hold rating in a research report on Wednesday, July 17th. Finally, Royal Bank of Canada set a GBX 5,200 ($67.95) price target on shares of London Stock Exchange Group and gave the stock a buy rating in a research report on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of €121.65 ($141.46).
SAP opened at €112.00 ($130.23) on Thursday. SAP has a twelve month low of €83.95 ($97.62) and a twelve month high of €125.00 ($145.35). The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. The stock’s 50-day moving average is €117.54. The firm has a market cap of $133.69 billion and a P/E ratio of 41.04.
SAP Company Profile
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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