SAP SE (ETR:SAP) received a €102.00 ($120.00) price objective from research analysts at Morgan Stanley in a report released on Wednesday. The firm currently has a “buy” rating on the technology company’s stock.

A number of other equities analysts have also weighed in on the stock. Independent Research GmbH set a €95.00 ($111.76) price target on shares of SAP SE and gave the company a “neutral” rating in a report on Thursday, July 20th. Barclays PLC set a €110.00 ($129.41) price target on SAP SE and gave the stock a “buy” rating in a research note on Friday, July 7th. S&P Global set a €95.00 ($111.76) price objective on shares of SAP SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Baader Bank set a €105.00 ($123.53) target price on shares of SAP SE and gave the company a “buy” rating in a report on Thursday, July 20th. Finally, Berenberg Bank set a €106.00 ($124.71) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have given a buy rating to the company’s stock. SAP SE currently has an average rating of “Buy” and an average target price of €97.56 ($114.77).

SAP SE (SAP) traded down 0.24% during trading on Wednesday, reaching €93.62. The company had a trading volume of 1,379 shares. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.32. The company has a market capitalization of €112.24 billion and a P/E ratio of 32.62. The firm’s 50 day moving average is €90.45 and its 200-day moving average is €91.88.

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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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