SAP SE (SAP) PT Set at €66.00 by BNP Paribas
SAP SE (ETR:SAP) has been assigned a €66.00 ($73.33) target price by analysts at BNP Paribas in a research report issued on Wednesday. The firm presently has a a “sell” rating on the stock.
SAP has been the subject of a number of other research reports. Commerzbank AG set a €95.00 ($105.56) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Friday, September 16th. Barclays PLC set a €95.00 ($105.56) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Tuesday, August 30th. Berenberg Bank set a €83.00 ($92.22) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Monday, July 4th. Societe Generale set a €76.00 ($84.44) price objective on shares of SAP SE and gave the company a “neutral” rating in a research report on Wednesday, July 20th. Finally, Baader Bank set a €85.00 ($94.44) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Wednesday, July 20th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of €81.80 ($90.88).
Shares of SAP SE (ETR:SAP) opened at 80.77 on Wednesday. The stock’s 50 day moving average price is €78.45 and its 200-day moving average price is €72.42. SAP SE has a 12-month low of €55.50 and a 12-month high of €81.08. The company has a market cap of €96.78 billion and a PE ratio of 27.13.
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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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