SAP (ETR:SAP) has been assigned a €117.00 ($136.05) target price by research analysts at UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the technology company’s stock. UBS Group’s target price would suggest a potential upside of 2.13% from the stock’s previous close.
SAP has been the topic of a number of other reports. Goldman Sachs Group set a €121.00 ($140.70) price target on SAP and gave the stock a “buy” rating in a research note on Wednesday, April 24th. HSBC set a €110.00 ($127.91) price target on SAP and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Berenberg Bank set a €122.00 ($141.86) price target on SAP and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. Baader Bank set a €125.00 ($145.35) price target on SAP and gave the stock a “buy” rating in a research note on Monday, April 29th. Finally, JPMorgan Chase & Co. set a €130.00 ($151.16) price target on SAP and gave the stock a “buy” rating in a research note on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. SAP has a consensus rating of “Buy” and an average target price of €115.74 ($134.58).
SAP opened at €114.56 ($133.21) on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 50.41. The firm has a market cap of $138.12 billion and a P/E ratio of 41.98. SAP has a 52 week low of €83.95 ($97.62) and a 52 week high of €117.08 ($136.14).
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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