Several other equities analysts also recently commented on SAP. UBS Group set a €98.00 ($120.99) target price on shares of SAP and gave the stock a neutral rating in a research report on Thursday, November 9th. Goldman Sachs Group set a €112.00 ($138.27) target price on shares of SAP and gave the stock a buy rating in a research report on Friday, November 17th. Credit Suisse Group set a €103.00 ($127.16) target price on shares of SAP and gave the stock a buy rating in a research report on Monday, December 4th. Commerzbank set a €99.00 ($122.22) target price on shares of SAP and gave the stock a neutral rating in a research report on Friday, December 15th. Finally, Morgan Stanley set a €111.00 ($137.04) target price on shares of SAP and gave the stock a buy rating in a research report on Monday, December 18th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of €104.17 ($128.61).
SAP (ETR:SAP) opened at €88.39 ($109.12) on Wednesday. The company has a market cap of $108,590.00 and a price-to-earnings ratio of 27.88. SAP has a 1 year low of €81.37 ($100.46) and a 1 year high of €100.70 ($124.32).
SAP Company Profile
SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.
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