Oddo Securities Reiterates “€70.00” Price Target for SAP SE (SAP)
SAP has been the topic of several other reports. Berenberg Bank set a €83.00 ($92.22) price target on shares of SAP SE and gave the company a buy rating in a report on Tuesday, June 14th. BNP Paribas set a €59.00 ($65.56) price target on shares of SAP SE and gave the company a sell rating in a report on Monday, June 27th. Baader Bank set a €85.00 ($94.44) price target on shares of SAP SE and gave the company a buy rating in a report on Wednesday, July 20th. Deutsche Bank AG set a €80.00 ($88.89) price target on shares of SAP SE and gave the company a buy rating in a report on Thursday, July 21st. Finally, Kepler Capital Markets set a €75.00 ($83.33) price target on shares of SAP SE and gave the company a neutral rating in a report on Wednesday, July 20th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company. SAP SE presently has an average rating of Buy and a consensus target price of €83.34 ($92.60).
Shares of SAP SE (ETR:SAP) opened at 78.668 on Tuesday. The company has a market capitalization of €94.26 billion and a PE ratio of 26.425. The stock has a 50 day moving average price of €79.78 and a 200 day moving average price of €73.62. SAP SE has a one year low of €63.00 and a one year high of €82.57.
About SAP SE
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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