SAP (ETR:SAP) Given a €126.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €126.00 ($146.51) price target on SAP (ETR:SAP) in a report published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

SAP has been the subject of several other reports. Oddo Bhf set a €84.00 ($97.67) price objective on shares of SAP and gave the stock a sell rating in a research report on Friday, April 5th. Berenberg Bank reaffirmed a buy rating and set a GBX 340 ($4.44) price objective on shares of Stock Spirits Group in a research report on Tuesday, May 14th. Barclays set a €81.00 ($94.19) price objective on shares of Fresenius Medical Care AG & Co. KGaA and gave the stock a buy rating in a research report on Thursday. Warburg Research set a €1.45 ($1.69) price objective on shares of Heidelberger Druckmaschinen and gave the stock a neutral rating in a research report on Thursday. Finally, Deutsche Bank began coverage on shares of Target in a research report on Monday, July 15th. They set a hold rating and a $85.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of €121.65 ($141.46).

Shares of SAP stock opened at €112.00 ($130.23) on Thursday. The stock has a market cap of $133.69 billion and a PE ratio of 41.04. The firm has a 50 day simple moving average of €117.54. SAP has a 52 week low of €83.95 ($97.62) and a 52 week high of €125.00 ($145.35). 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 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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