SAP SE (ETR:SAP) has been assigned a €102.00 ($120.00) price target by stock analysts at Morgan Stanley in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on SAP. Commerzbank Ag set a €100.00 ($117.65) target price on shares of SAP SE and gave the company a “neutral” rating in a research note on Friday, June 23rd. Nord/LB set a €104.00 ($122.35) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Monday, July 3rd. Societe Generale set a €111.00 ($130.59) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Wednesday, July 5th. Barclays PLC set a €110.00 ($129.41) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Friday, July 7th. Finally, Baader Bank set a €105.00 ($123.53) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €100.58 ($118.33).

Shares of SAP SE (ETR SAP) traded down 0.418% during midday trading on Thursday, reaching €95.309. 9,142 shares of the company’s stock were exchanged. The stock has a market cap of €114.27 billion and a PE ratio of 33.209. SAP SE has a 12-month low of €75.00 and a 12-month high of €96.42. The stock’s 50 day moving average is €92.45 and its 200-day moving average is €92.20.

COPYRIGHT VIOLATION NOTICE: “Morgan Stanley Analysts Give SAP SE (SAP) a €102.00 Price Target” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/10/22/morgan-stanley-analysts-give-sap-se-sap-a-102-00-price-target.html.

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)

Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with MarketBeat.com's FREE daily email newsletter.