SAP SE (ETR:SAP) has been assigned a consensus recommendation of “Buy” from the twenty-six research firms that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and twenty have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is €111.57 ($129.73).

A number of research firms have commented on SAP. Goldman Sachs Group set a €117.00 ($136.05) price target on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, July 11th. Warburg Research set a €115.00 ($133.72) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, July 19th. Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, June 7th. HSBC set a €120.00 ($139.53) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, June 14th. Finally, Societe Generale set a €109.00 ($126.74) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, July 19th.

Shares of SAP stock traded up €1.80 ($2.09) during midday trading on Friday, reaching €100.56 ($116.93). 2,801,851 shares of the company were exchanged, compared to its average volume of 3,430,000. SAP has a 12 month low of €81.37 ($94.62) and a 12 month high of €100.70 ($117.09).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Analyst Recommendations for SAP (ETR:SAP)

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