Berenberg Bank set a €122.00 ($141.86) price target on SAP (ETR:SAP) in a report released on Monday. The brokerage currently has a buy rating on the technology company’s stock.
Several other research firms also recently commented on SAP. Baader Bank set a €112.00 ($130.23) price objective on SAP and gave the company a buy rating in a report on Tuesday, July 10th. Morgan Stanley set a €105.00 ($122.09) price objective on SAP and gave the company a neutral rating in a report on Monday, July 16th. Credit Suisse Group set a €120.00 ($139.53) price objective on SAP and gave the company a buy rating in a report on Thursday, July 19th. Sanford C. Bernstein set a €104.00 ($120.93) price objective on SAP and gave the company a buy rating in a report on Tuesday, July 3rd. Finally, Citigroup set a €116.00 ($134.88) price objective on SAP and gave the company a buy rating in a report on Friday, July 20th. Six research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of €112.18 ($130.44).
ETR SAP opened at €102.64 ($119.35) on Monday. SAP has a 12 month low of €81.37 ($94.62) and a 12 month high of €100.70 ($117.09).
SAP Company Profile
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.
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