SAP SE (SAP) Given a €95.00 Price Target by Commerzbank AG Analysts
SAP has been the subject of a number of other reports. BNP Paribas set a €66.00 ($72.53) price objective on SAP SE and gave the stock a sell rating in a research report on Wednesday, September 21st. Berenberg Bank set a €87.00 ($95.60) price objective on SAP SE and gave the stock a buy rating in a research report on Tuesday, September 20th. Oddo Securities set a €70.00 ($76.92) price objective on SAP SE and gave the stock a sell rating in a research report on Tuesday, October 11th. Barclays PLC set a €95.00 ($104.40) price objective on SAP SE and gave the stock a buy rating in a research report on Tuesday, August 30th. Finally, Morgan Stanley set a €88.00 ($96.70) price objective on SAP SE and gave the stock a buy rating in a research report on Wednesday, September 28th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company. SAP SE presently has a consensus rating of Buy and a consensus price target of €83.34 ($91.58).
Shares of SAP SE (ETR:SAP) opened at 79.325 on Tuesday. The firm has a market cap of €95.05 billion and a P/E ratio of 26.646. SAP SE has a 52-week low of €63.00 and a 52-week high of €82.57. The stock’s 50 day moving average is €79.92 and its 200-day moving average is €73.81.
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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