SAP (ETR:SAP) Given a €105.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a €105.00 ($122.09) price target on SAP (ETR:SAP) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.

Other equities research analysts have also recently issued reports about the stock. Warburg Research set a €115.00 ($133.72) price target on shares of SAP and gave the company a buy rating in a report on Wednesday, February 13th. 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 14th. Oddo Bhf set a €84.00 ($97.67) price objective on shares of SAP and gave the stock a sell rating in a report on Friday, April 5th. UBS Group set a €105.00 ($122.09) price target on shares of SAP and gave the company a neutral rating in a research note on Tuesday, April 9th. Finally, HSBC set a €110.00 ($127.91) price target on shares of SAP and gave the company a neutral rating in a research note on Tuesday, April 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company. The company presently has an average rating of Buy and an average target price of €116.17 ($135.09).

ETR SAP opened at €113.74 ($132.26) on Thursday. SAP has a 1-year low of €83.95 ($97.62) and a 1-year high of €117.08 ($136.14). The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. The firm has a market capitalization of $136.64 billion and a PE ratio of 41.68.

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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Analyst Recommendations for SAP (ETR:SAP)

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