Warburg Research Reiterates “€145.00” Price Target for SAP (ETR:SAP)

Warburg Research set a €145.00 ($168.60) target price on SAP (ETR:SAP) in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other equities analysts have also recently weighed in on the stock. HSBC cut shares of EFG EUROBANK ER/ADR from a buy rating to a hold rating in a research report on Monday, June 17th. Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on shares of London Stock Exchange Group and gave the stock a buy rating in a research report on Wednesday, April 24th. Morgan Stanley upped their price objective on shares of Williams-Sonoma from $52.00 to $56.00 and gave the stock an underweight rating in a research report on Wednesday, July 10th. Baader Bank set a €42.00 ($48.84) price objective on shares of Deutsche Beteiligungs and gave the stock a buy rating in a research report on Monday, July 8th. Finally, UBS Group upped their price objective on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company’s stock. SAP currently has a consensus rating of Buy and a consensus price target of €121.65 ($141.46).

Shares of ETR SAP opened at €121.42 ($141.19) on Friday. The business’s fifty day moving average price is €117.21. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The stock has a market capitalization of $144.93 billion and a P/E ratio of 44.49. The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03.

About SAP

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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