SAP (ETR:SAP) has been given a €105.00 ($125.00) price objective by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 14.60% from the company’s previous close.
SAP has been the subject of several other research reports. S&P Global set a €95.00 ($113.10) target price on SAP and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Goldman Sachs Group set a €110.00 ($130.95) target price on SAP and gave the stock a “buy” rating in a research report on Friday, October 20th. Nord/LB set a €99.00 ($117.86) target price on SAP and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Citigroup set a €105.00 ($125.00) target price on SAP and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Barclays set a €110.00 ($130.95) target price on SAP and gave the stock a “buy” rating in a research report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of €103.22 ($122.88).
SAP (SAP) opened at €91.80 ($109.29) on Monday. The firm has a market capitalization of $112,780.00 and a P/E ratio of 29.71. SAP has a 12 month low of €83.85 ($99.82) and a 12 month 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.
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