SAP (ETR:SAP) Given a €115.00 Price Target by Nord/LB Analysts

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SAP (ETR:SAP) has been assigned a €115.00 ($133.72) target price by stock analysts at Nord/LB in a report released on Friday, July 27th. The brokerage presently has a “buy” rating on the technology company’s stock. Nord/LB’s price target would indicate a potential upside of 16.57% from the company’s current price.

Several other research analysts have also recently commented on SAP. Barclays set a €110.00 ($127.91) target price on shares of SAP and gave the stock a “buy” rating in a report on Friday, April 13th. Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, April 11th. JPMorgan Chase & Co. set a €105.00 ($122.09) price target on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, April 11th. DZ Bank set a €106.70 ($124.07) price target on shares of SAP and gave the stock a “buy” rating in a research report on Tuesday, April 24th. Finally, Cfra set a €110.00 ($127.91) price target on shares of SAP and gave the stock a “buy” rating in a research report on Tuesday, April 24th. Six equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. SAP currently has an average rating of “Buy” and a consensus price target of €111.26 ($129.37).

Shares of SAP traded down €1.65 ($1.92), hitting €98.65 ($114.71), during trading hours on Friday, MarketBeat Ratings reports. 2,870,713 shares of the company’s stock traded hands, compared to its average volume of 3,430,000. SAP has a 52 week low of €81.37 ($94.62) and a 52 week high of €100.70 ($117.09).

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

Further Reading: Why Dividend Stocks May Be Right for You

Analyst Recommendations for SAP (ETR:SAP)

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