Baader Bank set a €125.00 ($145.35) price target on SAP (ETR:SAP) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other brokerages also recently commented on SAP. JPMorgan Chase & Co. restated a top pick rating on shares of in a research report on Thursday, July 4th. Berenberg Bank restated a buy rating and set a GBX 340 ($4.44) price objective on shares of Stock Spirits Group in a research report on Tuesday, May 14th. Credit Suisse Group cut their price objective on shares of from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating for the company in a research report on Friday, June 21st. Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on shares of London Stock Exchange Group and gave the stock a buy rating in a research report on Wednesday, April 24th. Finally, HSBC downgraded shares of EFG EUROBANK ER/ADR from a buy rating to a hold rating in a research report on Monday, June 17th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of €119.91 ($139.43).
Shares of SAP stock opened at €121.16 ($140.88) on Monday. The stock has a market cap of $145.05 billion and a P/E ratio of 44.40. The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. SAP has a one year low of €83.95 ($97.62) and a one year high of €125.00 ($145.35). The stock’s fifty day moving average price is €116.60.
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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