Barclays set a €125.00 ($145.35) price objective on SAP (ETR:SAP) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.
A number of other brokerages have also recently commented on SAP. Royal Bank of Canada set a GBX 5,200 ($67.95) target price on London Stock Exchange Group and gave the company a buy rating in a report on Wednesday, April 24th. Credit Suisse Group reduced their target price on from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating for the company in a report on Friday, June 21st. Warburg Research set a €1.45 ($1.69) target price on Heidelberger Druckmaschinen and gave the company a neutral rating in a report on Thursday. JPMorgan Chase & Co. cut News from a neutral rating to an underweight rating in a report on Thursday. Finally, Oddo Bhf set a €84.00 ($97.67) target price on SAP and gave the company a sell rating in a report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of €121.65 ($141.46).
Shares of SAP stock opened at €112.00 ($130.23) on Thursday. The firm’s 50 day moving average price is €117.54. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €125.00 ($145.35). The firm has a market capitalization of $133.69 billion and a PE ratio of 41.04. 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 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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