SAP SE (SAP) Given a €95.00 Price Target by Barclays PLC Analysts
SAP SE (ETR:SAP) has been assigned a €95.00 ($105.56) target price by analysts at Barclays PLC in a research report issued to clients and investors on Monday. The firm currently has a a “buy” rating on the stock.
Other research analysts also recently issued research reports about the stock. Warburg Research set a €86.00 ($95.56) price objective on shares of SAP SE and gave the stock a “buy” rating in a research report on Wednesday, July 20th. Berenberg Bank set a €83.00 ($92.22) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Monday, July 4th. HSBC set a €76.00 ($84.44) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Thursday, June 30th. Goldman Sachs Group Inc. set a €85.00 ($94.44) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, June 28th. Finally, Commerzbank AG set a €90.00 ($100.00) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Monday, June 27th. Three analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. SAP SE presently has an average rating of “Buy” and an average target price of €83.34 ($92.60).
Shares of SAP SE (ETR:SAP) opened at 78.522 on Monday. The company has a market capitalization of €94.08 billion and a P/E ratio of 26.376. SAP SE has a 12 month low of €63.00 and a 12 month high of €82.57. The stock’s 50 day moving average is €79.82 and its 200 day moving average is €73.66.
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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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