Morgan Stanley Analysts Give SAP (SAP) a €111.00 Price Target
A number of other equities research analysts also recently weighed in on the company. Goldman Sachs Group set a €112.00 ($133.33) target price on SAP and gave the stock a buy rating in a report on Friday, November 17th. Citigroup set a €105.00 ($125.00) target price on SAP and gave the stock a buy rating in a report on Monday, October 23rd. UBS set a €93.00 ($110.71) target price on SAP and gave the stock a neutral rating in a report on Wednesday, September 13th. Berenberg Bank set a €106.00 ($126.19) target price on SAP and gave the stock a buy rating in a report on Friday, September 1st. Finally, Barclays set a €110.00 ($130.95) target price on SAP and gave the stock a buy rating in a report on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the company. SAP has a consensus rating of Buy and a consensus price target of €101.25 ($120.54).
Shares of SAP (ETR SAP) opened at €95.00 ($113.10) on Monday. SAP has a 1-year low of €81.45 ($96.96) and a 1-year high of €100.70 ($119.88).
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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