JPMorgan Chase & Co. Reiterates “€105.00” Price Target for SAP (ETR:SAP)

JPMorgan Chase & Co. set a €105.00 ($125.00) price objective on SAP (ETR:SAP) in a report issued on Monday, January 8th. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also recently commented on SAP. UBS Group set a €100.00 ($119.05) price target on SAP and gave the company a neutral rating in a research note on Monday, January 8th. Baader Bank set a €114.00 ($135.71) target price on SAP and gave the stock a buy rating in a research report on Friday, January 5th. Commerzbank set a €99.00 ($117.86) target price on SAP and gave the stock a neutral rating in a research report on Thursday, September 28th. Independent Research set a €97.00 ($115.48) target price on SAP and gave the stock a neutral rating in a research report on Thursday, October 19th. Finally, Morgan Stanley set a €102.00 ($121.43) target price on SAP and gave the stock a buy rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of €101.76 ($121.14).

Shares of SAP (SAP) opened at €90.97 ($108.30) on Monday. The company has a market capitalization of $111,760.00 and a P/E ratio of 29.44. SAP has a 12 month low of €81.92 ($97.52) and a 12 month high of €100.70 ($119.88).

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SAP Company Profile

SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.

Analyst Recommendations for SAP (ETR:SAP)

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