Berenberg Bank set a €106.00 ($126.19) price objective on SAP SE (ETR:SAP) in a report released on Friday morning. The brokerage currently has a buy rating on the technology company’s stock.

Several other brokerages have also recently issued reports on SAP. Goldman Sachs Group, Inc. (The) set a €110.00 ($130.95) target price on SAP SE and gave the stock a buy rating in a research report on Saturday, May 20th. Citigroup Inc. set a €106.00 ($126.19) target price on SAP SE and gave the stock a buy rating in a research report on Saturday, May 20th. Baader Bank set a €105.00 ($125.00) target price on SAP SE and gave the stock a buy rating in a research report on Saturday, May 20th. Barclays PLC set a €110.00 ($130.95) target price on SAP SE and gave the stock a buy rating in a research report on Friday, May 19th. Finally, Morgan Stanley set a €102.00 ($121.43) target price on SAP SE and gave the stock a buy rating in a research report on Friday, May 19th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €97.67 ($116.28).

Shares of SAP SE (ETR:SAP) opened at 88.549 on Friday. The firm’s 50-day moving average is €89.66 and its 200 day moving average is €91.40. SAP SE has a 12-month low of €75.00 and a 12-month high of €96.32. The stock has a market capitalization of €106.16 billion and a P/E ratio of 30.853.

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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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