SAP (SAP) PT Set at €105.00 by Morgan Stanley

Morgan Stanley set a €105.00 ($122.09) price objective on SAP (ETR:SAP) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.

A number of other analysts also recently weighed in on SAP. Goldman Sachs Group set a €121.00 ($140.70) price target on shares of SAP and gave the company a buy rating in a report on Thursday, April 18th. UBS Group set a €117.00 ($136.05) price target on shares of SAP and gave the company a neutral rating in a report on Tuesday, May 21st. Kepler Capital Markets set a €120.00 ($139.53) price target on shares of SAP and gave the company a neutral rating in a report on Monday, May 13th. Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the company a buy rating in a report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. set a €110.00 ($127.91) price target on shares of SAP and gave the company a buy rating in a report on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company’s stock. SAP presently has an average rating of Buy and a consensus target price of €115.74 ($134.58).

Shares of SAP stock opened at €110.42 ($128.40) on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €117.08 ($136.14). The firm has a market capitalization of $131.84 billion and a price-to-earnings ratio of 40.46.

SAP Company Profile

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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