SAP (SAP) Given a €110.00 Price Target by Barclays Analysts

SAP (ETR:SAP) received a €110.00 ($135.80) price objective from Barclays in a note issued to investors on Thursday, January 11th. The firm presently has a “buy” rating on the technology company’s stock. Barclays’ target price points to a potential upside of 28.97% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Goldman Sachs Group set a €108.00 ($133.33) price target on shares of SAP and gave the company a “buy” rating in a report on Tuesday, September 26th. Baader Bank set a €105.00 ($129.63) target price on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, September 20th. JPMorgan Chase & Co. set a €105.00 ($129.63) target price on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, October 11th. Credit Suisse Group set a €104.00 ($128.40) target price on shares of SAP and gave the stock a “buy” rating in a report on Monday, October 9th. Finally, Morgan Stanley set a €102.00 ($125.93) target price on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €103.61 ($127.91).

SAP (SAP) traded down €2.15 ($2.65) during trading on Thursday, hitting €85.29 ($105.30). 6,700,000 shares of the stock were exchanged, compared to its average volume of 2,600,000. The company has a market cap of $104,780.00 and a P/E ratio of 25.38. SAP has a fifty-two week low of €83.50 ($103.09) and a fifty-two week high of €100.70 ($124.32).

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About SAP

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.

Analyst Recommendations for SAP (ETR:SAP)

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