Morgan Stanley Analysts Give SAP SE (SAP) a €102.00 Price Target
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.
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.
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