SAP SE (SAP) PT Set at €93.00 by UBS AG
SAP SE (ETR:SAP) has been assigned a €93.00 ($109.41) target price by equities researchers at UBS AG in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the technology company’s stock.
Several other research analysts have also recently issued reports on SAP. Morgan Stanley set a €102.00 ($120.00) price objective on SAP SE and gave the stock a “buy” rating in a research report on Thursday, June 22nd. Commerzbank Ag set a €100.00 ($117.65) price objective on SAP SE and gave the stock a “neutral” rating in a research report on Friday, June 23rd. Nord/LB set a €104.00 ($122.35) price objective on SAP SE and gave the stock a “buy” rating in a research report on Monday, July 3rd. Societe Generale set a €111.00 ($130.59) price objective on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, July 5th. Finally, Barclays PLC set a €110.00 ($129.41) price objective on SAP SE and gave the stock a “buy” rating in a research report on Friday, July 7th. One 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’s stock. The stock has a consensus rating of “Buy” and a consensus price target of €100.58 ($118.33).
SAP SE (SAP) traded down 0.418% during midday trading on Thursday, reaching €95.309. 9,142 shares of the company were exchanged. SAP SE has a 52-week low of €75.00 and a 52-week high of €96.42. The company has a 50 day moving average of €92.45 and a 200-day moving average of €92.20. The company has a market capitalization of €114.27 billion and a price-to-earnings ratio of 33.209.
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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