SAP SE (SAP) Given a €63.50 Price Target by Jefferies Group Analysts
SAP SE (ETR:SAP) has been given a €63.50 ($69.78) target price by investment analysts at Jefferies Group in a research note issued to investors on Wednesday. The brokerage presently has a a “sell” rating on the stock.
SAP has been the topic of several other reports. Barclays PLC set a €95.00 ($104.40) price objective on shares of SAP SE and gave the company a “buy” rating in a research note on Tuesday, August 30th. Commerzbank AG set a €95.00 ($104.40) price objective on shares of SAP SE and gave the company a “buy” rating in a research note on Friday, September 16th. Morgan Stanley set a €88.00 ($96.70) price objective on shares of SAP SE and gave the company a “buy” rating in a research note on Thursday, October 6th. HSBC set a €93.00 ($102.20) price objective on shares of SAP SE and gave the company a “buy” rating in a research note on Tuesday, October 4th. Finally, Oddo Securities set a €70.00 ($76.92) price objective on shares of SAP SE and gave the company a “sell” rating in a research note on Tuesday, October 11th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of €83.34 ($91.58).
SAP SE (ETR:SAP) traded down 0.885% during midday trading on Wednesday, hitting €79.441. 3,594 shares of the stock traded hands. SAP SE has a 12 month low of €63.00 and a 12 month high of €82.57. The company’s 50 day moving average price is €79.92 and its 200 day moving average price is €73.81. The firm has a market cap of €95.19 billion and a PE ratio of 26.685.
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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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