JPMorgan Chase & Co. Analysts Give SAP (SAP) a €130.00 Price Target

SAP (ETR:SAP) has been given a €130.00 ($151.16) price target by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 14.38% from the company’s current price.

Several other analysts have also commented on the stock. Goldman Sachs Group set a €121.00 ($140.70) price target on shares of SAP and gave the company a “buy” rating in a research report on Wednesday, April 24th. HSBC set a €110.00 ($127.91) price target on shares of SAP and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Berenberg Bank set a €122.00 ($141.86) price target on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, April 23rd. UBS Group set a €100.00 ($116.28) price target on shares of SAP and gave the company a “buy” rating in a research report on Friday, January 11th. Finally, Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €113.39 ($131.85).

SAP stock opened at €113.66 ($132.16) on Thursday. The company has a market capitalization of $135.71 billion and a PE ratio of 41.65. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €117.08 ($136.14). The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 50.41.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Analyst Recommendations for SAP (ETR:SAP)

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