A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. set a €95.00 ($105.56) price objective on shares of SAP SE and gave the stock a buy rating in a report on Wednesday. HSBC set a €93.00 ($103.33) price objective on shares of SAP SE and gave the stock a buy rating in a report on Tuesday. Baader Bank set a €85.00 ($94.44) price objective on shares of SAP SE and gave the stock a buy rating in a report on Monday. BNP Paribas set a €66.00 ($73.33) price objective on shares of SAP SE and gave the stock a sell rating in a report on Wednesday, September 21st. Finally, Berenberg Bank set a €87.00 ($96.67) price objective on shares of SAP SE and gave the stock a buy rating in a report on Tuesday, September 20th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the company. SAP SE presently has a consensus rating of Buy and a consensus price target of €83.25 ($92.50).
SAP SE (ETR:SAP) traded down 1.44% during trading on Thursday, reaching €80.18. The company had a trading volume of 5,080 shares. SAP SE has a 12-month low of €59.42 and a 12-month high of €82.57. The stock has a market cap of €96.07 billion and a P/E ratio of 26.93. The firm has a 50-day moving average price of €79.48 and a 200 day moving average price of €73.31.
About SAP SE
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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