SAP (SAP) Given a €111.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a €111.00 ($132.14) target price on SAP (ETR:SAP) in a report published on Monday morning. The firm currently has a buy rating on the technology company’s stock.

SAP has been the subject of several other reports. Citigroup set a €105.00 ($125.00) price target on SAP and gave the company a buy rating in a report on Wednesday, September 6th. Berenberg Bank set a €106.00 ($126.19) price target on SAP and gave the company a buy rating in a report on Friday, September 1st. Credit Suisse Group set a €103.00 ($122.62) price target on SAP and gave the company a buy rating in a report on Monday, December 4th. Goldman Sachs Group set a €108.00 ($128.57) price target on SAP and gave the company a buy rating in a report on Thursday, September 14th. Finally, set a €105.00 ($125.00) price target on SAP and gave the company a buy rating in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of €101.25 ($120.54).

SAP (ETR:SAP) opened at €98.34 ($117.07) on Monday. SAP has a twelve month low of €80.10 ($95.36) and a twelve month high of €100.70 ($119.88).

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About SAP

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.

Analyst Recommendations for SAP (ETR:SAP)

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