SAP SE (SAP) PT Set at €70.00 by Oddo Securities
SAP SE (ETR:SAP) has been given a €70.00 ($77.78) target price by research analysts at Oddo Securities in a research note issued on Tuesday. The brokerage currently has a a “sell” rating on the stock.
A number of other equities analysts have also recently issued reports on SAP. Barclays PLC set a €95.00 ($105.56) target price on SAP SE and gave the stock a “buy” rating in a report on Tuesday, August 30th. Commerzbank AG set a €95.00 ($105.56) target price on SAP SE and gave the stock a “buy” rating in a report on Friday, September 16th. Morgan Stanley set a €88.00 ($97.78) target price on SAP SE and gave the stock a “buy” rating in a report on Thursday, October 6th. HSBC set a €93.00 ($103.33) target price on SAP SE and gave the stock a “buy” rating in a report on Tuesday, October 4th. Finally, Jefferies Group set a €63.50 ($70.56) target price on SAP SE and gave the stock a “sell” rating in a report on Tuesday, July 19th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have assigned a buy rating to the stock. SAP SE presently has an average rating of “Buy” and a consensus target price of €83.34 ($92.60).
SAP SE (ETR:SAP) traded down 0.325% on Tuesday, reaching €80.699. 1,825 shares of the company’s stock traded hands. The firm has a market cap of €96.69 billion and a price-to-earnings ratio of 27.107. SAP SE has a 52-week low of €63.00 and a 52-week high of €82.57. The stock’s 50 day moving average is €79.68 and its 200 day moving average is €73.46.
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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