Goldman Sachs Group Analysts Give SAP (SAP) a €120.00 Price Target

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SAP (ETR:SAP) has been given a €120.00 ($139.53) price target by equities researchers at Goldman Sachs Group in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the technology company’s stock. Goldman Sachs Group’s price objective indicates a potential upside of 30.92% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Warburg Research set a €115.00 ($133.72) price objective on shares of SAP and gave the company a “buy” rating in a research report on Thursday, October 18th. Societe Generale set a €117.00 ($136.05) price objective on shares of SAP and gave the company a “buy” rating in a research report on Thursday, October 18th. Cfra set a €117.00 ($136.05) price objective on shares of SAP and gave the company a “buy” rating in a research report on Thursday, October 18th. Barclays set a €122.00 ($141.86) price objective on shares of SAP and gave the company a “buy” rating in a research report on Thursday, October 18th. Finally, Sanford C. Bernstein set a €114.00 ($132.56) target price on shares of SAP and gave the stock a “buy” rating in a research note on Thursday, October 18th. Six research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. SAP presently has an average rating of “Buy” and a consensus price target of €110.68 ($128.70).

Shares of SAP opened at €91.66 ($106.58) on Friday. SAP has a one year low of €81.37 ($94.62) and a one year high of €100.70 ($117.09).

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. 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; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Analyst Recommendations for SAP (ETR:SAP)

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