SAP SE (ETR:SAP) Receives €115.74 Consensus Price Target from Brokerages

SAP SE (ETR:SAP) has been assigned a consensus recommendation of “Buy” from the twenty-three ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is €116.17 ($135.09).

A number of analysts have recently weighed in on SAP shares. Goldman Sachs Group set a €120.00 ($139.53) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, February 28th. Warburg Research set a €115.00 ($133.72) price target on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, February 13th. Berenberg Bank set a €122.00 ($141.86) price target on shares of SAP and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Finally, Credit Suisse Group set a €120.00 ($139.53) price target on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, April 18th.

Shares of ETR:SAP opened at €114.50 ($133.14) on Monday. The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03. SAP has a 52-week low of €83.95 ($97.62) and a 52-week high of €117.08 ($136.14). The company has a market capitalization of $135.30 billion and a price-to-earnings ratio of 41.96.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Analyst Recommendations for SAP (ETR:SAP)

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