SAP (ETR:SAP) received a €110.00 ($127.91) target price from research analysts at Oddo Bhf in a research report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the technology company’s stock. Oddo Bhf’s price target indicates a potential downside of 6.86% from the company’s previous close.
Several other research firms have also recently weighed in on SAP. Independent Research set a €123.00 ($143.02) target price on shares of SAP and gave the company a “neutral” rating in a research note on Wednesday. HSBC set a €135.00 ($156.98) target price on shares of SAP and gave the company a “buy” rating in a research note on Monday, October 14th. Credit Suisse Group set a €132.00 ($153.49) target price on shares of SAP and gave the company a “buy” rating in a research note on Monday. Deutsche Bank set a €135.00 ($156.98) target price on shares of SAP and gave the company a “buy” rating in a research note on Monday, July 15th. Finally, Baader Bank set a €120.00 ($139.53) target price on shares of SAP and gave the company a “neutral” rating in a research note on Monday. Eight research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €124.41 ($144.66).
SAP opened at €118.10 ($137.33) on Wednesday. The stock has a market capitalization of $146.81 billion and a price-to-earnings ratio of 41.73. The company has a fifty day moving average of €109.46 and a 200 day moving average of €111.00. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35). The company has a debt-to-equity ratio of 6.56, a quick ratio of 0.87 and a current ratio of 0.95.
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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