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.

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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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