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 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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