SAP (ETR:SAP – Get Rating) has been given a €130.00 ($136.84) price target by Warburg Research in a research report issued on Thursday, Borsen Zeitung reports. Warburg Research’s target price would suggest a potential upside of 36.87% from the stock’s previous close.
Several other brokerages have also weighed in on SAP. Jefferies Financial Group set a €120.00 ($126.32) target price on shares of SAP in a research note on Thursday. UBS Group set a €132.00 ($138.95) target price on shares of SAP in a research note on Thursday, May 5th. The Goldman Sachs Group set a €130.00 ($136.84) target price on shares of SAP in a research note on Wednesday. Baader Bank set a €146.00 ($153.68) price objective on shares of SAP in a research note on Thursday. Finally, Berenberg Bank set a €135.00 ($142.11) price objective on shares of SAP in a research note on Friday, January 28th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of €130.36 ($137.22).
Shares of SAP stock opened at €94.98 ($99.98) on Thursday. The company has a debt-to-equity ratio of 40.39, a current ratio of 1.11 and a quick ratio of 1.02. The firm has a market cap of $112.04 billion and a PE ratio of 22.22. The company has a 50-day moving average of €98.53 and a two-hundred day moving average of €111.01. SAP has a 1-year low of €90.33 ($95.08) and a 1-year high of €129.74 ($136.57).
SAP SE, together with its subsidiaries, operates as an enterprise application software company worldwide. The company operates through three segments: Applications, Technology & Support; Qualtrics; and Services. It offers SAP S/4HANA, an ERP suite with intelligent technologies, such as artificial intelligence, machine learning, and advanced analytics; SAP SuccessFactors Human Experience Management provides cloud-based solutions, such as a human resources management system for core HR and payroll, talent management, employee experience management, and people analytics; and intelligent spend management solutions, including products branded under the SAP Ariba, SAP Concur, and SAP Fieldglass names.
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