Baader Bank set a €141.00 ($165.88) price target on SAP (ETR:SAP) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other analysts also recently issued reports on SAP. Berenberg Bank set a €138.00 ($162.35) price target on SAP and gave the stock a buy rating in a report on Friday, April 23rd. Independent Research set a €140.00 ($164.71) target price on SAP and gave the stock a buy rating in a research note on Tuesday, April 27th. JPMorgan Chase & Co. set a €120.00 ($141.18) price target on SAP and gave the company a neutral rating in a report on Thursday, June 3rd. UBS Group set a €121.00 ($142.35) price objective on shares of SAP and gave the stock a neutral rating in a report on Thursday, May 27th. Finally, Warburg Research set a €135.00 ($158.82) target price on shares of SAP and gave the company a buy rating in a report on Thursday, June 3rd. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. SAP presently has a consensus rating of Buy and a consensus price target of €132.27 ($155.61).
SAP stock opened at €116.04 ($136.52) on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.11 and a debt-to-equity ratio of 48.69. The stock’s fifty day moving average price is €114.45. The stock has a market cap of $136.88 billion and a PE ratio of 25.27. SAP has a 12-month low of €89.93 ($105.80) and a 12-month high of €143.32 ($168.61).
SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management.
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