Citigroup Inc. set a €93.00 ($97.89) price target on SAP SE (ETR:SAP) in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.

SAP has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €100.00 ($105.26) target price on SAP SE and gave the company a buy rating in a research note on Friday, December 16th. Commerzbank AG set a €95.00 ($100.00) target price on SAP SE and gave the company a buy rating in a research note on Tuesday, October 18th. BNP Paribas set a €66.00 ($69.47) target price on SAP SE and gave the company a sell rating in a research note on Wednesday, September 21st. Berenberg Bank set a €87.00 ($91.58) target price on SAP SE and gave the company a buy rating in a research note on Tuesday, September 20th. Finally, Credit Suisse Group set a €90.00 ($94.74) target price on SAP SE and gave the company a buy rating in a research note on Monday, December 5th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the stock. SAP SE currently has an average rating of Buy and an average price target of €88.50 ($93.16).

SAP SE (ETR:SAP) traded down 0.079% on Thursday, hitting €84.217. The stock had a trading volume of 1,416 shares. The stock’s 50-day moving average is €80.60 and its 200 day moving average is €77.82. SAP SE has a 1-year low of €63.00 and a 1-year high of €84.30. The firm has a market capitalization of €100.89 billion and a price-to-earnings ratio of 29.696.

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About SAP SE

SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.

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