SAP AG (ETR: SAP)‘s stock had its “outperform” rating reaffirmed by research analysts at Macquarie in a report released on Tuesday. They currently have a $77.92 (€60) target price on the stock.

SAP AG traded up 0.58% on Tuesday, hitting €55.484. SAP AG has a 52-week low of €39.32 and a 52-week high of €56.803.

Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of SAP AG in a research note to investors on Wednesday, October 10th. They now have a $82.05 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of SAP AG in a research note to investors on Monday, October 8th. They now have a $62.34 price target on the stock. Finally, analysts at Bryan Garnier & Cie reiterated a “buy” rating on shares of SAP AG in a research note to investors on Friday, October 5th. They now have a $80.52 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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