Warburg Research Analysts Give SAP (ETR:SAP) a €145.00 Price Target
Warburg Research set a €145.00 ($168.60) price objective on SAP (ETR:SAP) in a research note released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. downgraded shares of News from a neutral rating to an underweight rating in a report on Thursday. Baader Bank set a €9.00 ($10.47) price target on shares of Aroundtown and gave the company a buy rating in a report on Thursday. Berenberg Bank restated a buy rating and set a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a report on Tuesday, May 14th. Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the company a buy rating in a report on Monday, May 13th. Finally, Deutsche Bank assumed coverage on shares of Target in a report on Monday, July 15th. They set a hold rating and a $85.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company. SAP presently has a consensus rating of Buy and an average target price of €121.65 ($141.46).
SAP stock opened at €112.00 ($130.23) on Thursday. The company has a market cap of $133.69 billion and a P/E ratio of 41.04. The firm’s fifty day simple moving average is €117.54. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41. SAP has a 1-year low of €83.95 ($97.62) and a 1-year high of €125.00 ($145.35).
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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