Baader Bank set a €142.00 ($161.36) target price on SAP (ETR:SAP) in a research report report published on Friday morning, Borsen Zeitung reports.
Several other research analysts also recently commented on the company. Nord/LB set a €126.00 ($143.18) price target on SAP in a research report on Wednesday, October 13th. Warburg Research set a €135.00 ($153.41) price objective on SAP in a research report on Friday. Jefferies Financial Group set a €154.00 ($175.00) price objective on SAP in a research report on Tuesday. UBS Group set a €147.00 ($167.05) price objective on SAP in a research report on Monday, December 13th. Finally, Deutsche Bank Aktiengesellschaft set a €145.00 ($164.77) price objective on SAP in a research report on Monday, November 8th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of Buy and a consensus price target of €138.79 ($157.71).
SAP opened at €120.48 ($136.91) on Friday. The business has a 50 day moving average price of €123.10 and a 200 day moving average price of €122.75. SAP has a twelve month low of €100.46 ($114.16) and a twelve month high of €129.74 ($147.43). The company has a debt-to-equity ratio of 42.22, a quick ratio of 0.95 and a current ratio of 1.17. The firm has a market cap of $142.12 billion and a P/E ratio of 24.94.
SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management.
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