Barclays Reiterates “€110.00” Price Target for SAP (SAP)
SAP (ETR:SAP) has been given a €110.00 ($130.95) price objective by Barclays in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the technology company’s stock. Barclays’ price objective points to a potential upside of 14.06% from the company’s previous close.
SAP has been the subject of several other research reports. Credit Suisse Group set a €103.00 ($122.62) target price on shares of SAP and gave the company a “buy” rating in a research note on Monday, December 4th. Citigroup set a €105.00 ($125.00) target price on shares of SAP and gave the company a “buy” rating in a research note on Monday, October 16th. Goldman Sachs Group set a €112.00 ($133.33) target price on shares of SAP and gave the company a “buy” rating in a research note on Friday, November 17th. set a €105.00 ($125.00) target price on shares of SAP and gave the company a “buy” rating in a research note on Friday, October 20th. Finally, Commerzbank set a €99.00 ($117.86) target price on shares of SAP and gave the company a “neutral” rating in a research note on Thursday, September 28th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have assigned a buy rating to the stock. SAP has a consensus rating of “Buy” and a consensus target price of €101.63 ($120.98).
SAP (SAP) opened at €96.44 ($114.81) on Friday. SAP has a one year low of €81.72 ($97.29) and a one year high of €100.70 ($119.88). The firm has a market cap of $118,480.00 and a PE ratio of 31.21.
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SAP Company Profile
SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.
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