UBS Group set a €117.00 ($136.05) price objective on SAP (ETR:SAP) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.
A number of other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a research report on Thursday, July 4th. Royal Bank of Canada set a GBX 5,200 ($67.95) target price on shares of London Stock Exchange Group and gave the stock a buy rating in a research report on Wednesday, April 24th. Goldman Sachs Group initiated coverage on shares of Liberty Property Trust in a research report on Wednesday, May 15th. They issued a neutral rating and a $49.00 target price for the company. Warburg Research set a €115.00 ($133.72) target price on shares of SAP and gave the stock a buy rating in a research report on Wednesday, April 24th. Finally, Nord/LB set a €115.00 ($133.72) target price on shares of SAP and gave the stock a neutral rating in a research report on Friday, June 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of €119.91 ($139.43).
ETR:SAP opened at €121.16 ($140.88) on Monday. The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €125.00 ($145.35). The company has a market cap of $145.05 billion and a P/E ratio of 44.40. The stock has a 50 day moving average of €116.60.
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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