SAP (ETR:SAP) Given a €135.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €135.00 ($156.98) price target on SAP (ETR:SAP) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

A number of other analysts have also weighed in on SAP. Warburg Research set a €145.00 ($168.60) target price on shares of SAP and gave the stock a buy rating in a report on Wednesday, January 1st. Baader Bank set a €125.00 ($145.35) target price on shares of SAP and gave the stock a buy rating in a report on Friday, January 10th. Credit Suisse Group set a €144.00 ($167.44) target price on shares of SAP and gave the stock a buy rating in a report on Tuesday, January 7th. Independent Research set a €123.00 ($143.02) target price on shares of SAP and gave the stock a neutral rating in a report on Friday, November 8th. Finally, Societe Generale set a €131.00 ($152.33) target price on shares of SAP and gave the stock a buy rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of €130.05 ($151.22).

SAP stock opened at €124.04 ($144.23) on Monday. 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 firm has a 50-day moving average of €121.77 and a 200-day moving average of €115.99. The firm has a market cap of $150.42 billion and a P/E ratio of 43.71. SAP has a 1-year low of €86.04 ($100.05) and a 1-year high of €125.00 ($145.35).

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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