Warburg Research set a €105.00 ($122.09) target price on SAP SE (ETR:SAP) in a research report sent to investors on Thursday, October 19th. The brokerage currently has a buy rating on the technology company’s stock.
A number of other research firms have also recently issued reports on SAP. J P Morgan Chase & Co set a €105.00 ($122.09) price objective on SAP SE and gave the company a buy rating in a report on Thursday, August 10th. Commerzbank Ag set a €100.00 ($116.28) price objective on SAP SE and gave the company a neutral rating in a report on Friday, June 23rd. Goldman Sachs Group, Inc. (The) set a €108.00 ($125.58) price objective on SAP SE and gave the company a buy rating in a report on Wednesday, September 20th. UBS AG set a €93.00 ($108.14) price objective on SAP SE and gave the company a neutral rating in a report on Wednesday, September 13th. Finally, Morgan Stanley set a €102.00 ($118.60) price objective on SAP SE and gave the company a buy rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of €100.58 ($116.96).
SAP SE (SAP) traded down €1.06 ($1.23) during mid-day trading on Thursday, reaching €98.49 ($114.52). The company had a trading volume of 2,188,992 shares, compared to its average volume of 1,910,000. SAP SE has a 12-month low of €75.07 ($87.29) and a 12-month high of €100.62 ($117.00).
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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