Barclays set a €125.00 ($145.35) target price on SAP (ETR:SAP) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.
Several other research firms have also recently weighed in on SAP. Baader Bank set a €9.00 ($10.47) price target on shares of Aroundtown and gave the stock a buy rating in a report on Thursday. UBS Group reaffirmed a neutral rating on shares of CAIXABANK/ADR in a report on Thursday. Nord/LB set a €115.00 ($133.72) price target on shares of SAP and gave the stock a neutral rating in a report on Friday, June 28th. Independent Research set a €26.00 ($30.23) price target on shares of Aareal Bank and gave the stock a neutral rating in a report on Friday, July 5th. Finally, Royal Bank of Canada set a GBX 5,200 ($67.95) price target on shares of London Stock Exchange Group and gave the stock a buy rating in a report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of €121.65 ($141.46).
SAP stock opened at €112.00 ($130.23) on Thursday. The company has a market capitalization of $133.69 billion and a PE ratio of 41.04. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35). The stock has a fifty day moving average price of €117.54. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 50.41.
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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