SAP (ETR:SAP) Given a €106.00 Price Target by Berenberg Bank Analysts

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).

COPYRIGHT VIOLATION WARNING: “SAP (ETR:SAP) Given a €106.00 Price Target by Berenberg Bank Analysts” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another website, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/14/sap-sap-given-a-106-00-price-target-at-berenberg-bank.html.

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)

Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply