Societe Generale set a €131.00 ($152.33) target price on SAP (ETR:SAP) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other analysts have also recently commented on the stock. JPMorgan Chase & Co. set a €135.00 ($156.98) price target on shares of SAP and gave the company a buy rating in a research note on Tuesday, November 5th. Sanford C. Bernstein set a €127.00 ($147.67) price target on shares of SAP and gave the company a buy rating in a research note on Friday, October 11th. Jefferies Financial Group set a €142.00 ($165.12) price target on shares of SAP and gave the company a buy rating in a research note on Wednesday. Independent Research set a €123.00 ($143.02) price target on shares of SAP and gave the company a neutral rating in a research note on Friday, November 8th. Finally, Warburg Research set a €145.00 ($168.60) price target on shares of SAP and gave the company a buy rating in a research note on Friday, October 11th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of €128.65 ($149.59).
Shares of SAP stock opened at €122.60 ($142.56) on Wednesday. The stock has a market capitalization of $150.61 billion and a P/E ratio of 43.20. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 54.39. The firm’s 50 day moving average is €115.10 and its 200 day moving average is €113.25. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €125.00 ($145.35).
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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