SAP (SAP) PT Set at €105.00 by JPMorgan Chase & Co.
SAP (ETR:SAP) has been assigned a €105.00 ($125.00) target price by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.’s target price points to a potential upside of 9.07% from the company’s previous close.
A number of other equities analysts have also commented on the company. UBS Group set a €100.00 ($119.05) price target on SAP and gave the company a “neutral” rating in a research note on Monday. Baader Bank set a €114.00 ($135.71) price target on SAP and gave the company a “buy” rating in a research note on Friday. Barclays set a €110.00 ($130.95) price target on SAP and gave the company a “buy” rating in a research note on Friday. Morgan Stanley set a €111.00 ($132.14) price target on SAP and gave the company a “buy” rating in a research note on Monday, December 18th. Finally, Commerzbank set a €99.00 ($117.86) price target on SAP and gave the company a “neutral” rating in a research note on Friday, December 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of €101.71 ($121.08).
Shares of SAP (SAP) traded down €0.17 ($0.20) during trading on Monday, reaching €96.27 ($114.61). The company had a trading volume of 1,790,705 shares, compared to its average volume of 2,100,000. SAP has a 52 week low of €81.72 ($97.29) and a 52 week high of €100.70 ($119.88). The company has a market capitalization of $118,480.00 and a price-to-earnings ratio of 31.16.
TRADEMARK VIOLATION WARNING: This article was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://www.watchlistnews.com/sap-sap-pt-set-at-105-00-by-jpmorgan-chase-co/1798690.html.
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.
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 Analyst Ratings Network's FREE daily email newsletter.