SAP SE (SAP) PT Set at €70.00 by Oddo Securities
SAP SE (ETR:SAP) has been assigned a €70.00 ($77.78) price target by equities researchers at Oddo Securities in a report released on Tuesday. The firm currently has a a “sell” rating on the stock.
A number of other analysts have also commented on SAP. Berenberg Bank set a €83.00 ($92.22) price target on SAP SE and gave the company a “buy” rating in a report on Tuesday, June 14th. BNP Paribas set a €59.00 ($65.56) price target on SAP SE and gave the company a “sell” rating in a report on Monday, June 27th. Baader Bank set a €85.00 ($94.44) price target on SAP SE and gave the company a “buy” rating in a report on Wednesday, July 20th. Deutsche Bank AG set a €80.00 ($88.89) price target on SAP SE and gave the company a “buy” rating in a report on Thursday, July 21st. Finally, Kepler Capital Markets set a €75.00 ($83.33) target price on SAP SE and gave the stock a “neutral” rating in a report on Wednesday, July 20th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €83.34 ($92.60).
Shares of SAP SE (ETR:SAP) traded down 0.425% during mid-day trading on Tuesday, hitting €80.618. The company’s stock had a trading volume of 1,901 shares. The company has a 50-day moving average of €79.68 and a 200 day moving average of €73.46. The company has a market cap of €96.60 billion and a price-to-earnings ratio of 27.080. SAP SE has a 1-year low of €63.00 and a 1-year high of €82.57.
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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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