SAP SE (ETR:SAP) received a €104.00 ($122.35) price objective from investment analysts at Credit Suisse Group in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the technology company’s stock.
Several other analysts have also recently commented on the company. UBS AG set a €93.00 ($109.41) price target on SAP SE and gave the stock a “neutral” rating in a research report on Friday, October 6th. Commerzbank Ag set a €99.00 ($116.47) price target on SAP SE and gave the stock a “neutral” rating in a research report on Thursday, October 5th. Morgan Stanley set a €102.00 ($120.00) price target on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, October 4th. Goldman Sachs Group, Inc. (The) set a €108.00 ($127.06) price target on SAP SE and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Finally, Baader Bank set a €105.00 ($123.53) price target on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, September 20th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of €97.71 ($114.95).
SAP SE (ETR:SAP) opened at 94.64 on Monday. The company has a market capitalization of €113.46 billion and a P/E ratio of 32.98. The stock’s 50 day moving average price is €90.95 and its 200-day moving average price is €91.98. SAP SE has a 52-week low of €75.00 and a 52-week high of €96.32.
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About SAP SE
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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