SAP SE (SAP) Given a €85.00 Price Target at Baader Bank
SAP has been the subject of a number of other reports. Jefferies Group set a €63.50 ($70.56) price target on SAP SE and gave the stock a sell rating in a report on Tuesday, July 19th. Deutsche Bank AG set a €80.00 ($88.89) price target on SAP SE and gave the stock a buy rating in a report on Thursday, July 21st. Sanford C. Bernstein set a €88.00 ($97.78) price target on SAP SE and gave the stock a buy rating in a report on Thursday, July 21st. Commerzbank AG set a €95.00 ($105.56) price target on SAP SE and gave the stock a buy rating in a report on Friday, September 16th. Finally, JPMorgan Chase & Co. set a €85.00 ($94.44) price target on SAP SE and gave the stock a buy rating in a report on Monday, July 18th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €82.80 ($91.99).
SAP SE (ETR:SAP) traded up 0.24% during trading on Monday, reaching €81.52. The company had a trading volume of 3,209 shares. The firm’s 50 day moving average is €79.27 and its 200-day moving average is €73.11. SAP SE has a 12 month low of €59.05 and a 12 month high of €82.57. The company has a market capitalization of €97.68 billion and a P/E ratio of 27.38.
About SAP SE
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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