A number of other research analysts also recently weighed in on SAP. Jefferies Group set a €63.50 ($70.56) target price on shares of SAP SE and gave the company a sell rating in a research report on Monday, June 13th. Morgan Stanley set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Tuesday, June 14th. Berenberg Bank set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Tuesday, June 14th. Sanford C. Bernstein set a €83.00 ($92.22) target price on shares of SAP SE and gave the company a buy rating in a research report on Thursday, June 16th. Finally, Commerzbank AG set a €90.00 ($100.00) price target on shares of SAP SE and gave the company a buy rating in a research note on Friday, June 17th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €83.34 ($92.60).
Shares of SAP SE (ETR:SAP) opened at 80.079 on Tuesday. The firm’s 50 day moving average is €79.70 and its 200-day moving average is €73.53. SAP SE has a 52 week low of €63.00 and a 52 week high of €82.57. The firm has a market cap of €95.95 billion and a price-to-earnings ratio of 26.899.
SAP SE Company Profile
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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