SAP (ETR:SAP) PT Set at €135.00 by Goldman Sachs Group

Share on StockTwits

SAP (ETR:SAP) has been given a €135.00 ($156.98) target price by equities research analysts at Goldman Sachs Group in a research report issued on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock. Goldman Sachs Group’s target price suggests a potential upside of 11.51% from the company’s previous close.

A number of other brokerages have also recently issued reports on SAP. Independent Research set a €26.00 ($30.23) price objective on shares of Aareal Bank and gave the company a “neutral” rating in a report on Friday, July 5th. Sanford C. Bernstein upgraded shares of Zimmer Biomet from an “underperform” rating to a “market perform” rating and set a $121.71 price objective for the company in a report on Tuesday, June 11th. UBS Group lifted their price objective on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Deutsche Bank set a $142.00 price target on shares of MCCORMICK & CO /SH and gave the company a “hold” rating in a research report on Friday, June 28th. Finally, Oddo Bhf set a €84.00 ($97.67) price target on shares of SAP and gave the company a “sell” rating in a research report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of €121.22 ($140.95).

Shares of ETR SAP opened at €121.06 ($140.77) on Friday. The firm has a market capitalization of $144.50 billion and a PE ratio of 44.36. The firm’s 50-day simple moving average is €116.76. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03.

SAP Company Profile

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.

See Also: What is the Bid-Ask Spread?

Analyst Recommendations for SAP (ETR:SAP)

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.