SAP SE (SAP) Given a €66.00 Price Target by BNP Paribas Analysts
SAP SE (ETR:SAP) received a €66.00 ($73.33) target price from equities research analysts at BNP Paribas in a research note issued to investors on Wednesday. The firm currently has a a “sell” rating on the stock.
A number of other research firms have also recently issued reports on SAP. Societe Generale set a €76.00 ($84.44) target price on shares of SAP SE and gave the company a “neutral” rating in a research note on Monday, July 4th. HSBC set a €76.00 ($84.44) price target on shares of SAP SE and gave the company a “buy” rating in a report on Thursday, June 30th. Barclays PLC set a €95.00 ($105.56) price target on shares of SAP SE and gave the company a “buy” rating in a report on Thursday, June 30th. Goldman Sachs Group Inc. set a €85.00 ($94.44) price target on shares of SAP SE and gave the company a “buy” rating in a report on Tuesday, June 28th. Finally, Commerzbank AG set a €90.00 ($100.00) price target on shares of SAP SE and gave the company a “buy” rating in a report on Monday, June 27th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €81.80 ($90.88).
Shares of SAP SE (ETR:SAP) traded up 0.21% during trading on Wednesday, reaching €80.16. The company had a trading volume of 1,273 shares. The company has a market cap of €96.05 billion and a P/E ratio of 26.93. The firm has a 50-day moving average of €78.51 and a 200-day moving average of €72.49. SAP SE has a 12-month low of €55.50 and a 12-month high of €81.08.
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About SAP SE
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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