Baader Bank set a €125.00 ($145.35) target price on SAP (ETR:SAP) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
Several other research analysts have also recently weighed in on the stock. Deutsche Bank initiated coverage on shares of Target in a report on Monday, July 15th. They issued a hold rating and a $85.00 price target on the stock. Oddo Bhf set a €84.00 ($97.67) price target on shares of SAP and gave the stock a sell rating in a report on Friday, April 5th. Royal Bank of Canada set a GBX 5,200 ($67.95) price target on shares of London Stock Exchange Group and gave the stock a buy rating in a report on Wednesday, April 24th. Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the stock a buy rating in a report on Monday, May 13th. Finally, HSBC cut shares of Huazhu Group from a buy rating to a hold rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of €121.65 ($141.46).
SAP stock opened at €112.00 ($130.23) on Thursday. The company has a market capitalization of $133.69 billion and a PE ratio of 41.04. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35). The stock has a fifty day moving average price of €117.54. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 50.41.
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.
Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.