HSBC Analysts Give SAP (ETR:SAP) a €135.00 Price Target

HSBC set a €135.00 ($156.98) price target on SAP (ETR:SAP) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

Other equities analysts have also recently issued research reports about the company. UBS Group upped their price target on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a report on Monday, July 8th. Credit Suisse Group reduced their price target on from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating for the company in a report on Friday, June 21st. Oddo Bhf set a €84.00 ($97.67) price target on SAP and gave the stock a sell rating in a report on Friday, April 5th. Morgan Stanley upped their price target on Williams-Sonoma from $52.00 to $56.00 and gave the stock an underweight rating in a report on Wednesday, July 10th. Finally, JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a report on Thursday, July 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of €121.65 ($141.46).

ETR SAP opened at €112.00 ($130.23) on Wednesday. The firm has a market cap of $133.69 billion and a PE ratio of 41.04. SAP has a twelve month low of €83.95 ($97.62) and a twelve month high of €125.00 ($145.35). The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41. The business has a 50-day simple moving average of €117.54.

SAP Company Profile

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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