SAP SE (SAP) Given a €105.00 Price Target by J P Morgan Chase & Co Analysts
SAP SE (ETR:SAP) has been assigned a €105.00 ($123.53) price objective by J P Morgan Chase & Co in a research note issued on Thursday. The brokerage presently has a “buy” rating on the technology company’s stock.
Other equities research analysts have also recently issued research reports about the stock. Credit Suisse Group set a €100.00 ($117.65) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Thursday, July 13th. Independent Research GmbH set a €95.00 ($111.76) target price on shares of SAP SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Morgan Stanley set a €102.00 ($120.00) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Wednesday, October 4th. Citigroup Inc. set a €106.00 ($124.71) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Friday, July 14th. Finally, Baader Bank set a €105.00 ($123.53) target price on shares of SAP SE and gave the stock a “buy” rating in a research report 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 issued a buy rating to the company. SAP SE currently has a consensus rating of “Buy” and a consensus price target of €100.58 ($118.33).
SAP SE (ETR:SAP) traded down 0.418% on Thursday, reaching €95.309. 9,142 shares of the company’s stock were exchanged. The firm has a 50-day moving average of €92.45 and a 200-day moving average of €92.20. The firm has a market capitalization of €114.27 billion and a price-to-earnings ratio of 33.209. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.42.
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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.
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