SAP SE (SAP) Given Average Recommendation of “Buy” by Analysts
Shares of SAP SE (ETR:SAP) have been given an average rating of “Buy” by the twenty-four ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is €100.88 ($120.09).
SAP has been the subject of several research reports. J P Morgan Chase & Co set a €105.00 ($125.00) target price on SAP and gave the stock a “buy” rating in a research note on Thursday, August 10th. Berenberg Bank set a €106.00 ($126.19) target price on SAP and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Barclays set a €110.00 ($130.95) target price on SAP and gave the stock a “buy” rating in a research note on Thursday, August 31st. Citigroup set a €105.00 ($125.00) target price on SAP and gave the stock a “buy” rating in a research note on Wednesday, September 6th. Finally, UBS set a €93.00 ($110.71) target price on SAP and gave the stock a “neutral” rating in a research note on Wednesday, September 13th.
Shares of SAP (SAP) traded up €0.11 ($0.13) during midday trading on Thursday, hitting €95.11 ($113.23). The stock had a trading volume of 1,572,775 shares, compared to its average volume of 2,030,000. SAP has a 52 week low of €75.52 ($89.90) and a 52 week high of €100.70 ($119.88).
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.
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.