SAP SE (ETR:SAP) has been given a €108.00 ($128.57) target price by research analysts at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the technology company’s stock.

A number of other equities research analysts have also weighed in on the stock. Morgan Stanley set a €102.00 ($121.43) price objective on shares of SAP SE and gave the stock a “buy” rating in a report on Thursday, June 22nd. Barclays PLC set a €110.00 ($130.95) price objective on shares of SAP SE and gave the stock a “buy” rating in a report on Friday, May 19th. Baader Bank set a €105.00 ($125.00) price objective on shares of SAP SE and gave the stock a “buy” rating in a report on Thursday, July 20th. Credit Suisse Group set a €100.00 ($119.05) price objective on shares of SAP SE and gave the stock a “buy” rating in a report on Friday, July 21st. Finally, J P Morgan Chase & Co set a €105.00 ($125.00) price objective on shares of SAP SE and gave the stock a “buy” rating in a report on Monday, July 17th. Three analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of €97.60 ($116.19).

SAP SE (SAP) traded up 0.09% during trading on Thursday, hitting €91.95. 4,041 shares of the stock traded hands. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.32. The company has a 50-day moving average price of €89.67 and a 200-day moving average price of €91.58. The stock has a market cap of €110.24 billion and a PE ratio of 32.04.

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SAP SE Company Profile

SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.

Analyst Recommendations for SAP SE (ETR:SAP)

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