Credit Suisse Group Reiterates “€100.00” Price Target for SAP SE (ETR:SAP)

Credit Suisse Group set a €100.00 ($117.65) price target on SAP SE (ETR:SAP) in a report published on Thursday, July 13th. The brokerage currently has a buy rating on the technology company’s stock.

Several other research firms have also recently weighed in on SAP. Citigroup Inc. set a €106.00 ($124.71) price objective on shares of SAP SE and gave the stock a buy rating in a research report on Wednesday, April 12th. Barclays PLC set a €95.00 ($111.76) price objective on shares of SAP SE and gave the stock a buy rating in a research report on Tuesday, April 11th. Morgan Stanley set a €94.00 ($110.59) price objective on shares of SAP SE and gave the stock a buy rating in a research report on Thursday, April 6th. Commerzbank Ag set a €100.00 ($117.65) target price on shares of SAP SE and gave the company a buy rating in a research note on Tuesday, April 4th. Finally, UBS AG set a €93.00 ($109.41) target price on shares of SAP SE and gave the company a neutral rating in a research note on Monday, March 27th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company. SAP SE presently has a consensus rating of Buy and a consensus target price of €97.21 ($114.37).

SAP SE (SAP) opened at 90.60 on Thursday. The stock has a market cap of €108.62 billion and a price-to-earnings ratio of 31.57. The firm’s 50 day moving average price is €91.56 and its 200-day moving average price is €90.99. SAP SE has a 52 week low of €75.00 and a 52 week high of €96.32.

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About SAP SE

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 SE (ETR:SAP)

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