Commerzbank Ag Reiterates “€99.00” Price Target for SAP SE (SAP)
SAP has been the topic of several other research reports. J P Morgan Chase & Co set a €105.00 ($125.00) price objective on shares of SAP SE and gave the stock a buy rating in a research note on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a €108.00 ($128.57) target price on SAP SE and gave the company a buy rating in a research note on Wednesday, September 20th. UBS AG set a €93.00 ($110.71) target price on SAP SE and gave the company a neutral rating in a research note on Wednesday, September 13th. Morgan Stanley set a €102.00 ($121.43) target price on SAP SE and gave the company a buy rating in a report on Monday, July 17th. Finally, Credit Suisse Group set a €100.00 ($119.05) target price on SAP SE and gave the company a buy rating in a report on Friday, July 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company. The company has an average rating of Buy and an average target price of €97.56 ($116.14).
SAP SE (ETR:SAP) opened at 93.255 on Thursday. The firm has a market cap of €111.80 billion and a PE ratio of 32.493. The company has a 50-day moving average price of €89.80 and a 200 day moving average price of €91.67. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.32.
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About SAP SE
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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