Berenberg Bank set a €106.00 ($124.71) target price on SAP SE (ETR:SAP) in a research report released on Wednesday. The brokerage currently has a buy rating on the technology company’s stock.

A number of other equities research analysts have also commented on the company. J P Morgan Chase & Co set a €105.00 ($123.53) price target on SAP SE and gave the stock a buy rating in a research report on Thursday, August 10th. Sanford C. Bernstein set a €107.00 ($125.88) price objective on SAP SE and gave the stock a buy rating in a report on Thursday, July 27th. BNP Paribas set a €84.00 ($98.82) price objective on SAP SE and gave the stock a sell rating in a report on Friday, July 21st. Credit Suisse Group set a €100.00 ($117.65) price objective on SAP SE and gave the stock a buy rating in a report on Friday, July 21st. Finally, Kepler Capital Markets set a €90.00 ($105.88) price objective on SAP SE and gave the stock a neutral rating in a report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of Buy and an average price target of €97.67 ($114.91).

SAP SE (ETR SAP) opened at 89.255 on Wednesday. SAP SE has a one year low of €75.00 and a one year high of €96.32. The firm has a market cap of €107.01 billion and a price-to-earnings ratio of 31.099. The company’s 50-day moving average price is €90.20 and its 200-day moving average price is €91.36.

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About SAP SE

SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.

Analyst Recommendations for SAP SE (ETR:SAP)

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