SAP SE (SAP) Given Average Rating of “Buy” by Brokerages
SAP SE (ETR:SAP) has received a consensus rating of “Buy” from the twenty-five research firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is €95.66 ($108.70).
SAP has been the subject of a number of research analyst reports. Deutsche Bank AG set a €90.00 ($102.27) target price on SAP SE and gave the company a “buy” rating in a research report on Wednesday, March 22nd. Citigroup Inc. set a €106.00 ($120.45) target price on SAP SE and gave the company a “buy” rating in a research report on Wednesday, April 26th. Goldman Sachs Group, Inc. (The) set a €110.00 ($125.00) target price on SAP SE and gave the company a “buy” rating in a research report on Saturday, May 20th. Commerzbank Ag set a €100.00 ($113.64) target price on SAP SE and gave the company a “neutral” rating in a research report on Friday, June 23rd. Finally, Baader Bank set a €95.00 ($107.95) target price on SAP SE and gave the company a “buy” rating in a research report on Tuesday, March 21st.
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SAP SE (ETR:SAP) traded up 0.513% on Monday, hitting €91.165. The company had a trading volume of 5,323 shares. SAP SE has a one year low of €66.23 and a one year high of €96.32. The stock’s 50-day moving average price is €94.63 and its 200 day moving average price is €89.39. The company has a market capitalization of €109.31 billion and a P/E ratio of 30.490.
SAP SE Company Profile
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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