Analysts Set SAP SE (ETR:SAP) Price Target at €130.05

Shares of SAP SE (ETR:SAP) have earned an average recommendation of “Buy” from the twenty analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is €130.05 ($151.22).

Several research firms recently issued reports on SAP. Credit Suisse Group set a €144.00 ($167.44) target price on SAP and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Kepler Capital Markets set a €120.00 ($139.53) price objective on SAP and gave the company a “neutral” rating in a research report on Friday. Baader Bank set a €125.00 ($145.35) price objective on SAP and gave the company a “buy” rating in a research report on Friday, January 10th. Oddo Bhf set a €110.00 ($127.91) price objective on SAP and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Goldman Sachs Group set a €150.00 ($174.42) price objective on SAP and gave the company a “buy” rating in a research report on Wednesday, November 13th.

Shares of ETR SAP traded up €3.06 ($3.56) during trading hours on Tuesday, hitting €126.90 ($147.56). The company’s stock had a trading volume of 2,038,873 shares, compared to its average volume of 3,430,000. The company has a debt-to-equity ratio of 54.39, a quick ratio of 0.92 and a current ratio of 1.01. The stock has a market cap of $152.14 billion and a price-to-earnings ratio of 44.71. SAP has a 12 month low of €88.41 ($102.80) and a 12 month high of €125.96 ($146.47). The business has a 50-day simple moving average of €122.28 and a 200-day simple moving average of €116.21.

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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Analyst Recommendations for SAP (ETR:SAP)

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