SAP SE (ETR:SAP) received a €85.00 ($90.43) target price from stock analysts at Royal Bank of Canada in a report issued on Wednesday. The firm presently has a “neutral” rating on the technology company’s stock.

Several other analysts have also recently issued reports on the company. Commerzbank Ag set a €100.00 ($106.38) price objective on SAP SE and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank AG set a €97.00 ($103.19) price objective on SAP SE and gave the company a “buy” rating in a research note on Tuesday. Bank of America Corp set a €98.00 ($104.26) price objective on SAP SE and gave the company a “buy” rating in a research note on Wednesday, April 12th. Citigroup Inc set a €106.00 ($112.77) price objective on SAP SE and gave the company a “buy” rating in a research note on Wednesday, April 12th. Finally, Barclays PLC set a €95.00 ($101.06) price objective on SAP SE and gave the company a “buy” rating in a research note on Tuesday, April 11th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the stock. SAP SE presently has an average rating of “Buy” and a consensus price target of €92.70 ($98.62).

Analyst Recommendations for SAP SE (ETR:SAP)

Shares of SAP SE (ETR:SAP) opened at 90.71 on Wednesday. SAP SE has a 12 month low of €63.00 and a 12 month high of €92.92. The company has a market capitalization of €108.73 billion and a price-to-earnings ratio of 29.84. The firm’s 50-day moving average price is €90.54 and its 200-day moving average price is €84.15.

TRADEMARK VIOLATION NOTICE: This news story was first published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at http://www.watchlistnews.com/sap-se-sap-pt-set-at-85-00-by-royal-bank-of-canada/1206280.html.

SAP SE Company Profile

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with Analyst Ratings Network's FREE daily email newsletter.