SAP (ETR:SAP) Given a €121.00 Price Target at UBS Group

SAP (ETR:SAP) has been given a €121.00 ($142.35) price target by research analysts at UBS Group in a report released on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the technology company’s stock. UBS Group’s target price would indicate a potential upside of 4.27% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. Baader Bank set a €141.00 ($165.88) target price on shares of SAP and gave the stock a “buy” rating in a report on Tuesday. Credit Suisse Group set a €131.00 ($154.12) target price on shares of SAP and gave the stock a “buy” rating in a report on Thursday, March 25th. Warburg Research set a €135.00 ($158.82) target price on shares of SAP and gave the stock a “buy” rating in a report on Thursday, June 3rd. JPMorgan Chase & Co. set a €120.00 ($141.18) target price on shares of SAP and gave the stock a “neutral” rating in a report on Thursday, June 3rd. Finally, Independent Research set a €140.00 ($164.71) target price on shares of SAP and gave the stock a “buy” rating in a report on Tuesday, April 27th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. SAP has an average rating of “Buy” and an average target price of €132.27 ($155.61).

SAP opened at €116.04 ($136.52) on Friday. The company has a quick ratio of 1.11, a current ratio of 1.20 and a debt-to-equity ratio of 48.69. SAP has a fifty-two week low of €89.93 ($105.80) and a fifty-two week high of €143.32 ($168.61). The firm has a market cap of $136.88 billion and a price-to-earnings ratio of 25.48. The stock has a 50-day simple moving average of €114.45.

SAP Company Profile

SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management.

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Analyst Recommendations for SAP (ETR:SAP)

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