JPMorgan Chase & Co. Analysts Give SAP (SAP) a €115.00 Price Target
Several other brokerages have also recently weighed in on SAP. Berenberg Bank set a €122.00 ($141.86) price target on SAP and gave the stock a buy rating in a research note on Wednesday, September 26th. Baader Bank set a €112.00 ($130.23) price target on SAP and gave the stock a buy rating in a research note on Monday, October 8th. Morgan Stanley set a €105.00 ($122.09) price target on SAP and gave the stock a neutral rating in a research note on Tuesday, October 9th. Barclays set a €122.00 ($141.86) price target on SAP and gave the stock a buy rating in a research note on Friday, September 21st. Finally, Credit Suisse Group set a €120.00 ($139.53) price target on SAP and gave the stock a buy rating in a research note on Wednesday, October 17th. Five investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of €113.14 ($131.56).
Shares of SAP stock opened at €88.67 ($103.10) on Friday. SAP has a twelve month low of €81.37 ($94.62) and a twelve month high of €100.70 ($117.09).
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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