SAP (ETR:SAP – Get Rating) received a €132.00 ($138.95) price target from UBS Group in a note issued to investors on Thursday, Borsen Zeitung reports. UBS Group’s price target indicates a potential upside of 38.98% from the company’s current price.
Several other brokerages have also issued reports on SAP. Warburg Research set a €130.00 ($136.84) price target on SAP in a report on Thursday. Credit Suisse Group set a €142.00 ($149.47) price target on SAP in a report on Monday, April 25th. JPMorgan Chase & Co. set a €115.00 ($121.05) price target on SAP in a report on Thursday. Baader Bank set a €146.00 ($153.68) price target on SAP in a report on Thursday. Finally, Deutsche Bank Rese… set a €120.00 ($126.32) price target on SAP in a report on Monday, April 25th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of €130.36 ($137.22).
Shares of SAP stock opened at €94.98 ($99.98) on Thursday. The firm has a market cap of $112.04 billion and a price-to-earnings ratio of 22.22. The company has a debt-to-equity ratio of 40.39, a current ratio of 1.11 and a quick ratio of 1.02. SAP has a 52-week low of €90.33 ($95.08) and a 52-week high of €129.74 ($136.57). The stock has a 50-day simple moving average of €98.53 and a 200-day simple moving average of €111.01.
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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