Deutsche Bank Analysts Give SAP (SAP) a €108.00 Price Target

SAP (ETR:SAP) has been given a €108.00 ($125.58) price objective by equities researchers at Deutsche Bank in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock. Deutsche Bank’s target price indicates a potential upside of 9.30% from the stock’s current price.

Several other research firms have also issued reports on SAP. HSBC set a €110.00 ($127.91) price target on shares of SAP and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Goldman Sachs Group set a €120.00 ($139.53) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, February 28th. UBS Group set a €100.00 ($116.28) price target on shares of SAP and gave the stock a “buy” rating in a research report on Friday, January 11th. JPMorgan Chase & Co. set a €110.00 ($127.91) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, January 10th. Finally, Royal Bank of Canada set a €113.00 ($131.40) price target on shares of SAP and gave the stock a “neutral” rating in a research report on Friday, January 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €110.15 ($128.08).

Shares of SAP stock opened at €98.81 ($114.90) on Wednesday. The company has a debt-to-equity ratio of 39.14, a quick ratio of 1.51 and a current ratio of 1.59. The firm has a market capitalization of $118.77 billion and a PE ratio of 28.89. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €108.52 ($126.19).

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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