SAP (ETR:SAP) has been assigned a €127.00 ($147.67) target price by research analysts at Sanford C. Bernstein in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the technology company’s stock. Sanford C. Bernstein’s target price points to a potential upside of 12.07% from the company’s current price.

SAP has been the topic of a number of other reports. UBS Group set a €105.00 ($122.09) price objective on shares of SAP and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Credit Suisse Group set a €120.00 ($139.53) price objective on shares of SAP and gave the stock a “buy” rating in a research note on Thursday, April 18th. Barclays set a €125.00 ($145.35) price objective on shares of SAP and gave the stock a “buy” rating in a research note on Thursday, May 9th. HSBC set a €110.00 ($127.91) price objective on shares of SAP and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Finally, Goldman Sachs Group set a €120.00 ($139.53) price objective on shares of SAP and gave the stock a “buy” rating in a research note on Thursday, February 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €116.17 ($135.09).

Shares of SAP stock opened at €113.32 ($131.77) on Tuesday. The stock has a market cap of $135.30 billion and a price-to-earnings ratio of 41.52. The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. SAP has a 12-month low of €83.95 ($97.62) and a 12-month high of €117.08 ($136.14).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

Read More: How are capital gains distributions different for tax-deferred account?

Analyst Recommendations for SAP (ETR:SAP)

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