SAP SE (SAP) PT Set at €108.00 by Goldman Sachs Group, Inc. (The)
SAP SE (ETR:SAP) has been assigned a €108.00 ($127.06) price target by Goldman Sachs Group, Inc. (The) in a research note issued on Wednesday. The firm presently has a “buy” rating on the technology company’s stock.
A number of other research analysts also recently issued reports on SAP. Baader Bank set a €105.00 ($123.53) price objective on SAP SE and gave the stock a “buy” rating in a report on Monday. Credit Suisse Group set a €104.00 ($122.35) price objective on SAP SE and gave the stock a “buy” rating in a report on Monday. J P Morgan Chase & Co set a €105.00 ($123.53) price objective on SAP SE and gave the stock a “buy” rating in a report on Thursday, August 10th. Morgan Stanley set a €102.00 ($120.00) price objective on SAP SE and gave the stock a “buy” rating in a report on Wednesday, October 4th. Finally, UBS AG set a €93.00 ($109.41) price objective on SAP SE and gave the stock a “neutral” rating in a report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of €98.94 ($116.40).
SAP SE (ETR:SAP) opened at 94.981 on Wednesday. The firm’s 50-day moving average price is €91.29 and its 200 day moving average price is €92.04. The stock has a market cap of €113.87 billion and a PE ratio of 33.094. SAP SE has a 1-year low of €75.00 and a 1-year high of €96.32.
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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.
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