SAP SE (ETR:SAP) received a €88.00 ($97.78) price objective from Morgan Stanley in a research report issued on Thursday. The brokerage presently has a a “buy” rating on the stock.

SAP has been the subject of a number of other reports. Commerzbank AG set a €90.00 ($100.00) price objective on SAP SE and gave the stock a “buy” rating in a report on Friday, June 17th. Sanford C. Bernstein set a €83.00 ($92.22) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, June 16th. Berenberg Bank set a €83.00 ($92.22) price objective on SAP SE and gave the stock a “buy” rating in a report on Tuesday, June 14th. Barclays PLC set a €95.00 ($105.56) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, June 30th. Finally, HSBC set a €76.00 ($84.44) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, June 30th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €83.25 ($92.50).

SAP SE (ETR:SAP) opened at 81.18 on Thursday. SAP SE has a 12-month low of €59.05 and a 12-month high of €82.57. The stock has a 50 day moving average price of €79.38 and a 200-day moving average price of €73.25. The stock has a market cap of €97.27 billion and a P/E ratio of 27.27.

SAP SE Company Profile

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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