Warburg Research set a €115.00 ($133.72) target price on SAP (ETR:SAP) in a research report sent to investors on Thursday morning. The brokerage currently has a buy rating on the technology company’s stock.
Other research analysts have also recently issued reports about the company. Citigroup set a €109.00 ($126.74) target price on SAP and gave the company a buy rating in a research note on Thursday, July 12th. Goldman Sachs Group set a €117.00 ($136.05) target price on SAP and gave the company a buy rating in a research note on Wednesday, July 11th. Deutsche Bank set a €110.00 ($127.91) target price on SAP and gave the company a buy rating in a research note on Wednesday, July 11th. Baader Bank set a €112.00 ($130.23) target price on SAP and gave the company a buy rating in a research note on Tuesday, July 10th. Finally, Barclays set a €110.00 ($127.91) target price on SAP and gave the company a buy rating in a research note on Tuesday, July 10th. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of €113.41 ($131.87).
ETR:SAP traded up €0.92 ($1.07) on Thursday, reaching €95.30 ($110.81). The company’s stock had a trading volume of 5,046,374 shares, compared to its average volume of 3,430,000. SAP has a 1-year low of €81.37 ($94.62) and a 1-year 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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