SAP (ETR:SAP) has been assigned a €130.00 ($151.16) target price by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 8.79% from the company’s previous close.
SAP has been the subject of several other reports. Independent Research set a €123.00 ($143.02) target price on shares of SAP and gave the stock a “neutral” rating in a report on Thursday, October 17th. Sanford C. Bernstein set a €127.00 ($147.67) target price on shares of SAP and gave the stock a “buy” rating in a report on Friday, October 11th. HSBC set a €135.00 ($156.98) target price on shares of SAP and gave the stock a “buy” rating in a report on Monday, October 14th. Warburg Research set a €145.00 ($168.60) target price on shares of SAP and gave the stock a “buy” rating in a report on Friday, October 11th. Finally, Morgan Stanley set a €115.00 ($133.72) target price on shares of SAP and gave the stock a “neutral” rating in a report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. SAP presently has an average rating of “Buy” and an average price target of €123.23 ($143.29).
Shares of SAP opened at €119.50 ($138.95) on Monday. SAP has a one year low of €83.95 ($97.62) and a one year high of €125.00 ($145.35). The company has a 50-day moving average of €109.46 and a two-hundred day moving average of €111.00. The stock has a market cap of $146.81 billion and a price-to-earnings ratio of 42.23. The company has a debt-to-equity ratio of 6.56, a current ratio of 0.95 and a quick ratio of 0.87.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. 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; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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