Morgan Stanley set a €102.00 ($120.00) price objective on SAP SE (ETR:SAP) in a research note published on Wednesday morning. The firm currently has a buy rating on the technology company’s stock.

SAP has been the topic of several other reports. Independent Research GmbH set a €95.00 ($111.76) target price on SAP SE and gave the stock a neutral rating in a report on Thursday, July 20th. Barclays PLC set a €110.00 ($129.41) target price on SAP SE and gave the stock a buy rating in a report on Friday, July 7th. S&P Global set a €95.00 ($111.76) target price on SAP SE and gave the stock a neutral rating in a report on Thursday, July 20th. Baader Bank set a €105.00 ($123.53) target price on SAP SE and gave the stock a buy rating in a report on Thursday, July 20th. Finally, Berenberg Bank set a €106.00 ($124.71) target price on SAP SE and gave the stock a buy rating in a report on Friday, September 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of €97.56 ($114.77).

Shares of SAP SE (ETR:SAP) traded up 1.15% during midday trading on Wednesday, reaching €94.48. The company’s stock had a trading volume of 2,986 shares. The firm has a market cap of €113.27 billion and a price-to-earnings ratio of 32.92. The stock’s 50 day moving average price is €90.54 and its 200 day moving average price is €91.89. SAP SE has a one year low of €75.00 and a one year high of €96.32.

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SAP SE Company Profile

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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