SAP SE (ETR:SAP) Given a €104.00 Price Target by Nord/LB Analysts

Nord/LB set a €104.00 ($122.35) price objective on SAP SE (ETR:SAP) in a research note released on Thursday, July 20th. The firm currently has a buy rating on the technology company’s stock.

SAP has been the subject of several other research reports. 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. Societe Generale set a €111.00 ($130.59) target price on shares of SAP SE and gave the company a buy rating in a report on Wednesday, July 5th. J P Morgan Chase & Co set a €105.00 ($123.53) target price on shares of SAP SE and gave the company a buy rating in a report on Monday, July 17th. Barclays PLC set a €110.00 ($129.41) target price on shares of SAP SE and gave the company a buy rating in a report on Friday, July 7th. Finally, Goldman Sachs Group, Inc. (The) set a €110.00 ($129.41) target price on shares of SAP SE and gave the company a buy rating in a report on Wednesday, April 19th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company’s stock. SAP SE has an average rating of Buy and an average price target of €97.21 ($114.37).

SAP SE (ETR SAP) traded up 0.383% during mid-day trading on Thursday, hitting €90.461. 1,227 shares of the stock were exchanged. The company’s 50-day moving average price is €90.58 and its 200 day moving average price is €91.22. SAP SE has a 52 week low of €75.00 and a 52 week high of €96.32. The firm has a market capitalization of €108.45 billion and a price-to-earnings ratio of 31.520.

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SAP SE 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 SE (ETR:SAP)

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