SAP (ETR:SAP) has been assigned a €125.00 ($145.35) price target by Barclays in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the technology company’s stock. Barclays‘s price objective suggests a potential upside of 4.15% from the stock’s previous close.
SAP has been the subject of a number of other reports. Independent Research set a €123.00 ($143.02) price objective on SAP and gave the stock a “neutral” rating in a report on Thursday, October 17th. Deutsche Bank set a €135.00 ($156.98) price objective on SAP and gave the stock a “buy” rating in a report on Monday, July 15th. Berenberg Bank set a €130.00 ($151.16) price objective on SAP and gave the stock a “buy” rating in a report on Tuesday. Nord/LB set a €115.00 ($133.72) price objective on SAP and gave the stock a “neutral” rating in a report on Friday, October 11th. Finally, Morgan Stanley set a €115.00 ($133.72) price objective on SAP and gave the stock a “neutral” rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of €123.23 ($143.29).
Shares of ETR:SAP traded up €1.28 ($1.49) during mid-day trading on Tuesday, reaching €120.02 ($139.56). 1,575,347 shares of the stock were exchanged, compared to its average volume of 3,430,000. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 6.56. The company has a market cap of $145.87 billion and a P/E ratio of 42.41. SAP has a one year low of €83.95 ($97.62) and a one year high of €125.00 ($145.35). The stock’s 50 day simple moving average is €109.24 and its 200-day simple moving average is €110.91.
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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