SAP AG (ETR: SAP)‘s stock had its “add” rating restated by equities researchers at AlphaValue in a report issued on Thursday. They currently have a $77.79 (€60) target price on the stock.

SAP AG traded up 0.82% on Thursday, hitting €56.659. SAP AG has a 52-week low of €39.32 and a 52-week high of €56.803.

A number of other firms have also recently commented on SAP. Analysts at HSBC reiterated a “neutral” rating on shares of SAP AG in a research note to investors on Monday. They now have a $80.52 price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of SAP AG in a research note to investors on Thursday, October 25th. They now have a $83.12 price target on the stock. Finally, analysts at Grupo Santander reiterated an “underweight” rating on shares of SAP AG in a research note to investors on Monday, October 22nd. They now have a $73.77 price target on the stock.

Sap AG is engaged in enterprise applications in terms of software and software-related service revenue.

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