SAP SE (SAP) PT Set at €63.50 by Jefferies Group
SAP SE (ETR:SAP) received a €63.50 ($69.78) price target from Jefferies Group in a research report issued to clients and investors on Wednesday. The firm presently has a a “sell” rating on the stock.
A number of other analysts have also issued reports on the company. Deutsche Bank AG set a €80.00 ($87.91) price target on SAP SE and gave the stock a “buy” rating in a research note on Thursday, July 21st. Sanford C. Bernstein set a €88.00 ($96.70) price target on SAP SE and gave the stock a “buy” rating in a research note on Thursday, July 21st. Commerzbank AG set a €95.00 ($104.40) price target on SAP SE and gave the stock a “buy” rating in a research note on Friday, September 16th. JPMorgan Chase & Co. set a €95.00 ($104.40) price target on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, October 5th. Finally, Baader Bank set a €85.00 ($93.41) price target on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, July 20th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of €83.34 ($91.58).
Shares of SAP SE (ETR:SAP) opened at 79.201 on Wednesday. The company’s 50 day moving average is €79.92 and its 200-day moving average is €73.81. SAP SE has a 1-year low of €63.00 and a 1-year high of €82.57. The stock has a market capitalization of €94.90 billion and a price-to-earnings ratio of 26.604.
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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