SAP (ETR:SAP) PT Set at €139.00 by Berenberg Bank

Berenberg Bank set a €139.00 ($163.53) target price on SAP (ETR:SAP) in a research report report published on Wednesday morning, Borsen Zeitung reports.

Other analysts also recently issued reports about the stock. Baader Bank set a €144.00 ($169.41) target price on shares of SAP in a report on Wednesday. Warburg Research set a €135.00 ($158.82) price target on shares of SAP in a research note on Wednesday, July 21st. JPMorgan Chase & Co. set a €135.00 ($158.82) price target on shares of SAP in a research note on Thursday, October 7th. The Goldman Sachs Group set a €145.00 ($170.59) price target on shares of SAP in a research note on Friday, October 8th. Finally, UBS Group set a €128.00 ($150.59) price target on shares of SAP in a research note on Friday, October 8th. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Buy and a consensus price target of €135.00 ($158.82).

SAP stock opened at €121.50 ($142.94) on Wednesday. The company’s 50-day moving average price is €122.83 and its 200-day moving average price is €118.78. SAP has a twelve month low of €89.93 ($105.80) and a twelve month high of €135.62 ($159.55). The company has a quick ratio of 0.97, a current ratio of 1.07 and a debt-to-equity ratio of 44.52. The company has a market cap of $143.32 billion and a PE ratio of 24.48.

SAP Company Profile

SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management.

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Analyst Recommendations for SAP (ETR:SAP)

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