Goldman Sachs Group, Inc. (The) Reiterates €108.00 Price Target for SAP SE (SAP)
SAP SE (ETR:SAP) has been given a €108.00 ($128.57) target price by stock analysts at Goldman Sachs Group, Inc. (The) in a report issued on Tuesday. The brokerage currently has a “buy” rating on the technology company’s stock.
A number of other equities research analysts have also issued reports on SAP. Credit Suisse Group set a €100.00 ($119.05) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Thursday, July 13th. Independent Research GmbH set a €95.00 ($113.10) target price on shares of SAP SE and gave the company a “neutral” rating in a research report on Thursday, July 20th. Morgan Stanley set a €102.00 ($121.43) target price on shares of SAP SE and gave the company a “buy” rating in a research report on Monday, July 17th. Baader Bank set a €105.00 ($125.00) target price on shares of SAP SE and gave the company a “buy” rating in a research report on Wednesday, July 12th. Finally, Citigroup Inc. set a €106.00 ($126.19) price target on shares of SAP SE and gave the stock a “buy” rating in a research note on Friday, July 14th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the company. SAP SE presently has an average rating of “Buy” and a consensus target price of €97.60 ($116.19).
Shares of SAP SE (SAP) opened at 91.405 on Tuesday. The company has a market cap of €109.59 billion and a price-to-earnings ratio of 31.848. The company’s 50 day moving average price is €89.80 and its 200 day moving average price is €91.67. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.32.
SAP SE Company Profile
SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.
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