SAP SE (ETR:SAP) Receives €125.32 Average Price Target from Brokerages

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SAP SE (ETR:SAP) has been assigned an average rating of “Buy” from the twenty-two ratings firms that are covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €125.32 ($145.72).

Several equities research analysts have commented on SAP shares. UBS Group set a €125.00 ($145.35) price target on SAP and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. set a €135.00 ($156.98) price target on SAP and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Baader Bank set a €125.00 ($145.35) price target on SAP and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. HSBC set a €135.00 ($156.98) price target on SAP and gave the stock a “buy” rating in a research note on Monday, October 14th. Finally, Jefferies Financial Group set a €140.00 ($162.79) target price on SAP and gave the company a “buy” rating in a research note on Tuesday, November 5th.

ETR:SAP traded up €0.56 ($0.65) on Thursday, hitting €123.26 ($143.33). 1,890,053 shares of the stock were exchanged, compared to its average volume of 3,430,000. The stock has a market cap of $151.40 billion and a PE ratio of 43.43. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 9.23. The stock has a fifty day moving average of €113.43 and a 200-day moving average of €112.57. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35).

About SAP

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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Analyst Recommendations for SAP (ETR:SAP)

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