JPMorgan Chase & Co. set a €110.00 ($127.91) target price on SAP (ETR:SAP) in a research report report published on Thursday morning. The brokerage currently has a buy rating on the technology company’s stock.
A number of other equities research analysts have also recently commented on the stock. Baader Bank set a €112.00 ($130.23) price target on shares of SAP and gave the stock a buy rating in a report on Wednesday. Barclays set a €110.00 ($127.91) price target on shares of SAP and gave the stock a buy rating in a report on Wednesday. Bank of America set a €111.00 ($129.07) price target on shares of SAP and gave the stock a buy rating in a report on Monday. UBS Group set a €108.00 ($125.58) price target on shares of SAP and gave the stock a buy rating in a report on Tuesday, November 20th. Finally, Sanford C. Bernstein set a €115.00 ($133.72) price target on shares of SAP and gave the stock a buy rating in a report on Monday, November 19th. Five research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of €112.25 ($130.52).
Shares of SAP stock traded down €0.44 ($0.51) during mid-day trading on Thursday, hitting €89.00 ($103.49). 2,013,311 shares of the stock were exchanged, compared to its average volume of 3,430,000. SAP has a 12 month low of €81.37 ($94.62) and a 12 month high of €100.70 ($117.09).
SAP Company Profile
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. 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; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.
Further Reading: Net Asset Value
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