Berenberg Bank set a €106.00 ($126.19) target price on SAP SE (ETR:SAP) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the technology company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €110.00 ($130.95) price objective on shares of SAP SE and gave the company a buy rating in a research note on Saturday, May 20th. Citigroup Inc. set a €106.00 ($126.19) price objective on shares of SAP SE and gave the company a buy rating in a research note on Saturday, May 20th. Baader Bank set a €105.00 ($125.00) price objective on shares of SAP SE and gave the company a buy rating in a research note on Saturday, May 20th. Barclays PLC set a €110.00 ($130.95) price objective on shares of SAP SE and gave the company a buy rating in a research note on Friday, May 19th. Finally, Morgan Stanley set a €102.00 ($121.43) price objective on shares of SAP SE and gave the company a buy rating in a research note on Friday, May 19th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of €97.67 ($116.28).

Shares of SAP SE (ETR SAP) traded up 0.171% during trading on Friday, hitting €88.549. 2,920 shares of the stock were exchanged. SAP SE has a 52 week low of €75.00 and a 52 week high of €96.32. The stock’s 50 day moving average price is €89.66 and its 200 day moving average price is €91.40. The firm has a market capitalization of €106.16 billion and a price-to-earnings ratio of 30.853.

ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/sap-se-sap-given-a-106-00-price-target-at-berenberg-bank/1538318.html.

About SAP SE

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 SE (ETR:SAP)

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