UBS Group Reiterates €108.00 Price Target for SAP (SAP)

SAP (ETR:SAP) has been assigned a €108.00 ($125.58) price objective by research analysts at UBS Group in a research report issued on Thursday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the technology company’s stock. UBS Group’s price objective would suggest a potential upside of 11.29% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. Berenberg Bank set a €122.00 ($141.86) target price on shares of SAP and gave the company a “buy” rating in a research report on Monday, September 17th. Barclays set a €122.00 ($141.86) target price on shares of SAP and gave the company a “buy” rating in a research report on Friday, September 21st. Societe Generale set a €117.00 ($136.05) target price on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. set a €115.00 ($133.72) target price on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, July 17th. Finally, HSBC set a €120.00 ($139.53) target price on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, July 24th. Six analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. SAP has a consensus rating of “Buy” and a consensus target price of €112.95 ($131.34).

SAP stock opened at €97.04 ($112.84) on Thursday. SAP has a twelve month low of €81.37 ($94.62) and a twelve month high of €100.70 ($117.09).

About SAP

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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