SAP SE (ETR:SAP) received a €99.00 ($115.12) price target from equities research analysts at Commerzbank Ag in a research note issued on Thursday, October 19th. The brokerage presently has a “neutral” rating on the technology company’s stock. Commerzbank Ag’s target price points to a potential upside of 0.52% from the company’s current price.
Several other brokerages also recently weighed in on SAP. Independent Research GmbH set a €95.00 ($110.47) price target on SAP SE and gave the company a “neutral” rating in a report on Thursday, July 20th. Morgan Stanley set a €102.00 ($118.60) price target on SAP SE and gave the company a “buy” rating in a report on Monday, July 17th. J P Morgan Chase & Co set a €105.00 ($122.09) price target on SAP SE and gave the company a “buy” rating in a report on Monday, July 17th. Citigroup Inc. set a €106.00 ($123.26) price target on SAP SE and gave the company a “buy” rating in a report on Friday, July 14th. Finally, Credit Suisse Group set a €100.00 ($116.28) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, July 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. SAP SE presently has a consensus rating of “Buy” and a consensus target price of €100.58 ($116.96).
Shares of SAP SE (ETR SAP) traded down €1.06 ($1.23) on Thursday, reaching €98.49 ($114.52). The company’s stock had a trading volume of 2,188,992 shares, compared to its average volume of 1,910,000. SAP SE has a 52 week low of €75.07 ($87.29) and a 52 week 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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