Goldman Sachs Group, Inc. (The) Analysts Give SAP SE (ETR:SAP) a €108.00 Price Target
Goldman Sachs Group, Inc. (The) set a €108.00 ($124.14) target price on SAP SE (ETR:SAP) in a research report report published on Thursday. The brokerage currently has a buy rating on the technology company’s stock.
Several other research firms have also commented on SAP. Bank of America Corporation set a €98.00 ($112.64) price target on shares of SAP SE and gave the company a buy rating in a report on Wednesday, April 12th. Citigroup Inc. set a €106.00 ($121.84) price target on shares of SAP SE and gave the company a buy rating in a report on Wednesday, April 12th. Barclays PLC set a €95.00 ($109.20) price target on shares of SAP SE and gave the company a buy rating in a report on Tuesday, April 11th. Morgan Stanley set a €94.00 ($108.05) price target on shares of SAP SE and gave the company a buy rating in a report on Thursday, April 6th. Finally, Commerzbank Ag set a €100.00 ($114.94) price target on shares of SAP SE and gave the company a buy rating in a report on Tuesday, April 4th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of €95.90 ($110.23).
Shares of SAP SE (SAP) opened at 91.44 on Thursday. The stock has a market capitalization of €109.64 billion and a P/E ratio of 30.58. SAP SE has a 52 week low of €66.23 and a 52 week high of €96.32. The company’s 50-day moving average is €94.63 and its 200 day moving average is €89.39.
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About SAP SE
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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