SAP (ETR:SAP) Given a €150.00 Price Target by Barclays Analysts

Barclays set a €150.00 ($174.42) target price on SAP (ETR:SAP) in a report issued on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on the company. Kepler Capital Markets set a €120.00 ($139.53) price target on SAP and gave the stock a neutral rating in a report on Thursday, January 30th. Bank of America set a €118.00 ($137.21) price target on SAP and gave the stock a sell rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. set a €135.00 ($156.98) price objective on SAP and gave the stock a buy rating in a research note on Friday, January 31st. Societe Generale set a €131.00 ($152.33) price objective on SAP and gave the stock a buy rating in a research note on Wednesday, November 13th. Finally, HSBC set a €145.00 ($168.60) price objective on SAP and gave the stock a buy rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of Buy and an average price target of €136.23 ($158.40).

Shares of ETR SAP opened at €115.54 ($134.35) on Tuesday. The company has a debt-to-equity ratio of 52.52, a quick ratio of 0.97 and a current ratio of 1.05. The business’s 50 day moving average price is €124.02 and its 200-day moving average price is €117.34. SAP has a fifty-two week low of €92.60 ($107.67) and a fifty-two week high of €129.60 ($150.70). The company has a market cap of $141.94 billion and a price-to-earnings ratio of 41.34.

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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