SAP (ETR:SAP) Given a €160.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €160.00 ($188.24) price objective on SAP (ETR:SAP) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

Other research analysts have also issued research reports about the stock. Baader Bank set a €148.00 ($174.12) price target on shares of SAP and gave the stock a buy rating in a research report on Monday, September 21st. Credit Suisse Group set a €157.00 ($184.71) price target on shares of SAP and gave the stock a buy rating in a research report on Monday, July 27th. Sanford C. Bernstein set a €145.00 ($170.59) price target on shares of SAP and gave the stock a buy rating in a research report on Monday, July 27th. Warburg Research set a €145.00 ($170.59) price target on shares of SAP and gave the stock a buy rating in a research report on Monday, July 27th. Finally, UBS Group set a €142.00 ($167.06) price target on shares of SAP and gave the stock a buy rating in a research report on Wednesday, October 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nineteen have issued a buy rating to the company’s stock. SAP presently has an average rating of Buy and an average target price of €138.32 ($162.73).

ETR:SAP opened at €132.84 ($156.28) on Friday. SAP has a 12-month low of €82.13 ($96.62) and a 12-month high of €143.32 ($168.61). The company has a quick ratio of 0.96, a current ratio of 1.05 and a debt-to-equity ratio of 58.74. The firm has a market capitalization of $158.56 billion and a PE ratio of 34.75. The firm has a 50-day moving average price of €134.58 and a 200 day moving average price of €123.39.

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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