SAP (SAP) Given a €117.00 Price Target by Cfra Analysts

SAP (ETR:SAP) has been given a €117.00 ($136.05) price objective by equities research analysts at Cfra in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the technology company’s stock. Cfra’s price objective would indicate a potential upside of 22.77% from the stock’s current price.

Other research analysts have also issued reports about the company. Goldman Sachs Group set a €117.00 ($136.05) price objective on 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 objective on SAP and gave the stock a “buy” rating in a research report on Thursday, July 19th. Baader Bank set a €112.00 ($130.23) target price on SAP and gave the company a “buy” rating in a research report on Thursday. Societe Generale set a €109.00 ($126.74) target price on SAP and gave the company a “buy” rating in a research report on Thursday, July 19th. Finally, Sanford C. Bernstein set a €104.00 ($120.93) target price on SAP and gave the company a “buy” rating in a research report on Thursday, July 19th. Six analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of €113.41 ($131.87).

SAP stock opened at €95.30 ($110.81) on Thursday. SAP has a 1-year low of €81.37 ($94.62) and a 1-year 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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