SAP (ETR:SAP) received a €135.00 ($156.98) target price from research analysts at HSBC in a note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the technology company’s stock. HSBC’s price target indicates a potential upside of 19.15% from the company’s current price.

A number of other analysts have also recently commented on SAP. Kepler Capital Markets set a €11.00 ($12.79) target price on E.On and gave the stock a “buy” rating in a research report on Monday, May 13th. Royal Bank of Canada set a GBX 5,200 ($67.95) price target on London Stock Exchange Group and gave the stock a “buy” rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. reissued a “top pick” rating on shares of in a report on Thursday, July 4th. Berenberg Bank reissued a “buy” rating and set a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a report on Tuesday, May 14th. Finally, Deutsche Bank assumed coverage on Target in a report on Monday. They set a “hold” rating and a $85.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of €121.65 ($141.46).

SAP opened at €113.30 ($131.74) on Wednesday. The business’s 50-day moving average price is €117.54. The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03. SAP has a one year low of €83.95 ($97.62) and a one year high of €125.00 ($145.35). The firm has a market capitalization of $135.26 billion and a PE ratio of 41.52.

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Analyst Recommendations for SAP (ETR:SAP)

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