SAP (ETR:SAP) received a €105.00 ($129.63) price target from equities research analysts at JPMorgan Chase & Co. in a report released on Thursday. The brokerage currently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 18.79% from the stock’s previous close.
Several other brokerages have also issued reports on SAP. Morgan Stanley set a €111.00 ($137.04) target price on SAP and gave the company a “buy” rating in a research report on Monday, December 18th. UBS Group set a €98.00 ($120.99) target price on SAP and gave the company a “neutral” rating in a research report on Thursday, November 9th. Goldman Sachs Group set a €112.00 ($138.27) target price on SAP and gave the company a “buy” rating in a research report on Friday, November 17th. Barclays set a €110.00 ($135.80) target price on SAP and gave the company a “buy” rating in a research report on Friday, January 5th. Finally, Commerzbank set a €99.00 ($122.22) target price on SAP and gave the company a “neutral” rating in a research report on Friday, December 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. SAP presently has a consensus rating of “Buy” and a consensus target price of €104.17 ($128.61).
Shares of SAP (ETR SAP) opened at €88.39 ($109.12) on Thursday. SAP has a 12-month low of €81.37 ($100.46) and a 12-month high of €100.70 ($124.32). The stock has a market capitalization of $108,590.00 and a price-to-earnings ratio of 27.88.
WARNING: This report was published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at https://sportsperspectives.com/2018/03/10/sap-sap-given-a-105-00-price-target-at-jpmorgan-chase-co-2.html.
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.
Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.