SAP (SAP) Given a €105.00 Price Target by JPMorgan Chase & Co. Analysts

SAP (ETR:SAP) received a €105.00 ($125.00) price target from analysts at JPMorgan Chase & Co. in a research report issued on Monday. The firm presently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 10.05% from the stock’s current price.

Several other brokerages have also weighed in on SAP. Barclays set a €110.00 ($130.95) price objective on SAP and gave the company a “buy” rating in a report on Friday, October 20th. Goldman Sachs Group set a €112.00 ($133.33) price objective on SAP and gave the company a “buy” rating in a report on Friday, November 17th. UBS Group set a €98.00 ($116.67) price objective on SAP and gave the company a “neutral” rating in a report on Thursday, November 9th. Commerzbank set a €99.00 ($117.86) price objective on SAP and gave the company a “neutral” rating in a report on Thursday, October 5th. Finally, Warburg Research set a €105.00 ($125.00) price objective on SAP and gave the company a “buy” rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €101.71 ($121.08).

SAP (SAP) opened at €95.41 ($113.58) on Monday. SAP has a twelve month low of €81.92 ($97.52) and a twelve month high of €100.70 ($119.88). The firm has a market capitalization of $117,210.00 and a price-to-earnings ratio of 30.88.

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SAP 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.

Analyst Recommendations for SAP (ETR:SAP)

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