SAP SE (SAP) Given a €95.00 Price Target at Barclays PLC
SAP SE (ETR:SAP) has been assigned a €95.00 ($105.56) price objective by research analysts at Barclays PLC in a research note issued on Monday. The brokerage currently has a a “buy” rating on the stock.
A number of other research analysts also recently weighed in on SAP. Commerzbank AG set a €95.00 ($105.56) price objective on shares of SAP SE and gave the stock a “buy” rating in a research report on Friday, September 16th. Morgan Stanley set a €88.00 ($97.78) price objective on shares of SAP SE and gave the stock a “buy” rating in a research report on Thursday, October 6th. HSBC set a €93.00 ($103.33) price objective on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, October 4th. Jefferies Group set a €63.50 ($70.56) price objective on shares of SAP SE and gave the stock a “sell” rating in a research report on Tuesday, July 19th. Finally, Oddo Securities set a €70.00 ($77.78) price objective on shares of SAP SE and gave the stock a “sell” rating in a research report on Tuesday, October 11th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €83.34 ($92.60).
SAP SE (ETR:SAP) opened at 78.522 on Monday. The company has a 50 day moving average of €79.82 and a 200-day moving average of €73.66. SAP SE has a one year low of €63.00 and a one year high of €82.57. The company has a market cap of €94.08 billion and a P/E ratio of 26.376.
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SAP SE Company Profile
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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