SAP SE (SAP) Given Average Rating of “Buy” by Analysts

Shares of SAP SE (ETR:SAP) have received an average recommendation of “Buy” from the twenty-six brokerages that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and twenty have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is €110.49 ($128.47).

SAP has been the subject of several research reports. Goldman Sachs Group set a €120.00 ($139.53) price target on shares of SAP and gave the company a “buy” rating in a research report on Thursday, February 28th. UBS Group set a €100.00 ($116.28) price target on shares of SAP and gave the company a “buy” rating in a research report on Friday, January 11th. JPMorgan Chase & Co. set a €110.00 ($127.91) price target on shares of SAP and gave the company a “buy” rating in a research report on Thursday, January 10th. Royal Bank of Canada set a €113.00 ($131.40) price target on shares of SAP and gave the company a “neutral” rating in a research report on Friday, January 25th. Finally, Sanford C. Bernstein set a €115.00 ($133.72) price target on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, January 15th.

ETR SAP remained flat at $€103.00 ($119.77) during mid-day trading on Wednesday. 2,084,518 shares of the company traded hands, compared to its average volume of 3,430,000. SAP has a twelve month low of €82.88 ($96.37) and a twelve month high of €108.52 ($126.19). The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 39.14. The firm has a market cap of $122.98 billion and a P/E ratio of 30.12.

About SAP

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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Analyst Recommendations for SAP (ETR:SAP)

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