SAP (SAP) Given a €122.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €122.00 ($141.86) target price on SAP (ETR:SAP) in a research note published on Friday. The firm currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also weighed in on the company. Warburg Research set a €115.00 ($133.72) target price on SAP and gave the stock a buy rating in a research report on Thursday. Kepler Capital Markets set a €100.00 ($116.28) target price on SAP and gave the stock a neutral rating in a research report on Thursday. Societe Generale set a €117.00 ($136.05) target price on SAP and gave the stock a buy rating in a research report on Thursday. Cfra set a €117.00 ($136.05) target price on SAP and gave the stock a buy rating in a research report on Thursday. Finally, Barclays set a €122.00 ($141.86) target price on SAP and gave the stock a buy rating in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. SAP has a consensus rating of Buy and an average price target of €113.41 ($131.87).

ETR SAP traded up €0.92 ($1.07) during trading hours on Friday, hitting €95.30 ($110.81). The company had a trading volume of 5,046,374 shares, compared to its average volume of 3,430,000. SAP has a fifty-two week low of €81.37 ($94.62) and a fifty-two week 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.

Read More: Why do earnings reports matter?

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