Other equities research analysts also recently issued reports about the company. Goldman Sachs Group set a €117.00 ($136.05) target price on SAP and gave the stock a buy rating in a research report on Thursday, May 24th. Baader Bank set a €112.00 ($130.23) price objective on SAP and gave the company a buy rating in a research report on Thursday, June 7th. Warburg Research set a €108.00 ($125.58) price objective on SAP and gave the company a buy rating in a research report on Wednesday, June 6th. Jefferies Financial Group set a €120.00 ($139.53) price objective on SAP and gave the company a buy rating in a research report on Friday, June 1st. Finally, Nord/LB set a €115.00 ($133.72) price objective on SAP and gave the company a buy rating in a research report on Tuesday, June 19th. Six analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. SAP has a consensus rating of Buy and a consensus target price of €112.64 ($130.98).
SAP traded up €0.99 ($1.15) during trading on Friday, reaching €98.07 ($114.03). The stock had a trading volume of 4,027,769 shares, compared to its average volume of 3,430,000. SAP has a 1-year low of €81.37 ($94.62) and a 1-year high of €100.70 ($117.09).
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: How Buying a Call Option Works
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.