SAP (ETR:SAP) has been assigned a €106.00 ($130.86) target price by analysts at Berenberg Bank in a research note issued on Tuesday, January 30th. The firm presently has a “buy” rating on the technology company’s stock. Berenberg Bank’s price target suggests a potential upside of 26.64% from the company’s previous close.
SAP has been the subject of several other research reports. Credit Suisse Group set a €103.00 ($127.16) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Monday, December 4th. Citigroup set a €105.00 ($129.63) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Monday, October 16th. Goldman Sachs Group set a €112.00 ($138.27) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Friday, November 17th. set a €105.00 ($129.63) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Friday, October 20th. Finally, UBS Group set a €98.00 ($120.99) price objective on shares of SAP and gave the stock a “neutral” rating in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. SAP presently has a consensus rating of “Buy” and an average price target of €103.61 ($127.91).
SAP (ETR SAP) traded up €0.90 ($1.11) during trading hours on Tuesday, reaching €83.70 ($103.33). 4,020,000 shares of the company’s stock were exchanged, compared to its average volume of 3,140,000. The firm has a market cap of $102,830.00 and a P/E ratio of 24.91. SAP has a twelve month low of €81.37 ($100.46) and a twelve month high of €100.70 ($124.32).
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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.
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