Baader Bank set a €114.00 ($135.71) price objective on SAP (ETR:SAP) in a report released on Friday morning. The brokerage currently has a buy rating on the technology company’s stock.

Several other research firms also recently weighed in on SAP. Morgan Stanley set a €111.00 ($132.14) price objective on shares of SAP and gave the stock a buy rating in a report on Monday, December 18th. UBS Group set a €98.00 ($116.67) price objective on shares of SAP and gave the stock a neutral rating in a report on Thursday, November 9th. Goldman Sachs Group set a €112.00 ($133.33) price objective on shares of SAP and gave the stock a buy rating in a report on Friday, November 17th. Barclays set a €110.00 ($130.95) price objective on shares of SAP and gave the stock a buy rating in a report on Friday. Finally, Commerzbank set a €99.00 ($117.86) price objective on shares of SAP and gave the stock a neutral rating in a report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €101.63 ($120.98).

Shares of SAP (SAP) opened at €96.44 ($114.81) on Friday. The firm has a market cap of $118,480.00 and a PE ratio of 31.21. SAP has a 1-year low of €81.72 ($97.29) and a 1-year high of €100.70 ($119.88).

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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.

Analyst Recommendations for SAP (ETR:SAP)

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