SAP (ETR:SAP) has been given a €115.00 ($133.72) price objective by research analysts at Warburg Research in a note issued to investors on Thursday. The firm currently has a “buy” rating on the technology company’s stock. Warburg Research’s target price would indicate a potential upside of 20.67% from the company’s current price.
A number of other brokerages have also weighed in on SAP. Citigroup set a €116.00 ($134.88) target price on SAP and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley set a €105.00 ($122.09) target price on SAP and gave the stock a “neutral” rating in a research note on Monday, July 16th. Baader Bank set a €112.00 ($130.23) target price on SAP and gave the stock a “buy” rating in a research note on Tuesday, July 10th. Credit Suisse Group set a €120.00 ($139.53) target price on SAP and gave the stock a “buy” rating in a research note on Thursday, July 19th. Finally, Sanford C. Bernstein set a €104.00 ($120.93) target price on SAP and gave the stock a “buy” rating in a research note on Tuesday, July 3rd. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of €113.41 ($131.87).
Shares of ETR SAP opened at €95.30 ($110.81) on Thursday. SAP has a 1-year low of €81.37 ($94.62) and a 1-year 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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