Warburg Research Analysts Give SAP (ETR:SAP) a €145.00 Price Target
SAP (ETR:SAP) has been assigned a €145.00 ($168.60) price objective by equities research analysts at Warburg Research in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the technology company’s stock. Warburg Research’s price target would suggest a potential upside of 19.44% from the company’s previous close.
A number of other analysts have also recently weighed in on the company. Societe Generale set a €131.00 ($152.33) price objective on SAP and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Goldman Sachs Group set a €150.00 ($174.42) price target on SAP and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Jefferies Financial Group set a €142.00 ($165.12) price target on SAP and gave the stock a “buy” rating in a report on Wednesday, November 13th. Berenberg Bank set a €135.00 ($156.98) price objective on shares of SAP and gave the company a “buy” rating in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. set a €135.00 ($156.98) price objective on shares of SAP and gave the company a “buy” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €129.80 ($150.93).
ETR SAP opened at €121.40 ($141.16) on Thursday. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 54.39. SAP has a 52-week low of €83.95 ($97.62) and a 52-week high of €125.00 ($145.35). The business’s 50-day moving average price is €122.15 and its 200 day moving average price is €115.29. The firm has a market cap of $149.14 billion and a P/E ratio of 42.78.
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.
Featured Story: 52- Week Highs
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 MarketBeat.com's FREE daily email newsletter.