Brokerages Set SAP SE (SAP) PT at $115.22

Shares of SAP SE (ETR:SAP) have earned a consensus rating of “Buy” from the twenty-three analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is €115.22 ($133.97).

Several research analysts recently commented on SAP shares. Sanford C. Bernstein set a €115.00 ($133.72) target price on shares of SAP and gave the stock a “buy” rating in a report on Monday, January 21st. Credit Suisse Group set a €116.00 ($134.88) target price on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, January 23rd. JPMorgan Chase & Co. set a €110.00 ($127.91) target price on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Deutsche Bank set a €116.00 ($134.88) target price on shares of SAP and gave the stock a “buy” rating in a report on Thursday, January 24th. Finally, Royal Bank of Canada set a €113.00 ($131.40) target price on shares of SAP and gave the stock a “neutral” rating in a report on Friday, January 25th.

Shares of SAP stock traded down €1.48 ($1.72) on Thursday, hitting €114.60 ($133.26). The company had a trading volume of 3,387,785 shares, compared to its average volume of 3,430,000. The stock has a market capitalization of $136.83 billion and a PE ratio of 41.99. SAP has a twelve month low of €83.95 ($97.62) and a twelve month high of €117.08 ($136.14). The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41.

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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