SAP SE (ETR:SAP) has been given a €99.00 ($116.47) price target by analysts at Commerzbank Ag in a report issued on Thursday, October 5th. The firm currently has a “neutral” rating on the technology company’s stock.
A number of other equities analysts have also weighed in on the company. Morgan Stanley set a €102.00 ($120.00) price objective on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, October 4th. Goldman Sachs Group, Inc. (The) set a €108.00 ($127.06) price objective on SAP SE and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Baader Bank set a €105.00 ($123.53) price objective on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, September 20th. UBS AG set a €93.00 ($109.41) price objective on SAP SE and gave the stock a “neutral” rating in a research note on Wednesday, September 13th. Finally, Citigroup Inc. set a €105.00 ($123.53) price objective on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, September 6th. Two investment 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. The stock presently has an average rating of “Buy” and an average price target of €98.94 ($116.40).
SAP SE (ETR:SAP) opened at 94.68 on Thursday. SAP SE has a 1-year low of €75.00 and a 1-year high of €96.32. The company has a market capitalization of €113.51 billion and a price-to-earnings ratio of 32.99. The firm has a 50 day moving average of €91.72 and a 200-day moving average of €92.11.
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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.
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