SAP SE (SAP) Given a €110.00 Price Target by Goldman Sachs Group Inc Analysts
SAP SE (ETR:SAP) received a €110.00 ($129.41) target price from analysts at Goldman Sachs Group Inc in a research report issued on Friday. The firm presently has a “buy” rating on the technology company’s stock.
Several other brokerages have also weighed in on SAP. Independent Research GmbH set a €95.00 ($111.76) price target on SAP SE and gave the company a “neutral” rating in a research note on Thursday, July 20th. Morgan Stanley set a €102.00 ($120.00) price target on SAP SE and gave the company a “buy” rating in a research note on Monday, July 17th. J P Morgan Chase & Co set a €105.00 ($123.53) price target on SAP SE and gave the company a “buy” rating in a research note on Monday, July 17th. Citigroup Inc. set a €106.00 ($124.71) price target on SAP SE and gave the company a “buy” rating in a research note on Friday, July 14th. Finally, Credit Suisse Group set a €100.00 ($117.65) price target on SAP SE and gave the company a “buy” rating in a research note on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of €100.58 ($118.33).
Shares of SAP SE (SAP) traded down 0.418% during mid-day trading on Friday, reaching €95.309. The company’s stock had a trading volume of 9,142 shares. The firm has a market cap of €114.27 billion and a P/E ratio of 33.209. The firm’s 50-day moving average price is €92.45 and its 200 day moving average price is €92.20. SAP SE has a 12-month low of €75.00 and a 12-month high of €96.42.
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About SAP SE
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.
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