SAP (ETR:SAP) PT Set at €145.00 by Warburg Research

SAP (ETR:SAP) has been given a €145.00 ($168.60) price objective by stock analysts at Warburg Research in a report released on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock. Warburg Research’s target price would suggest a potential upside of 19.78% from the company’s previous close.

Several other equities analysts have also issued reports on the stock. Barclays boosted their price target on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the company an “overweight” rating in a report on Monday, July 8th. Berenberg Bank reissued a “buy” rating and issued a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a report on Tuesday, May 14th. Independent Research set a €26.00 ($30.23) price target on shares of Aareal Bank and gave the company a “neutral” rating in a report on Friday, July 5th. Deutsche Bank set a $142.00 price target on shares of MCCORMICK & CO /SH and gave the company a “hold” rating in a report on Friday, June 28th. Finally, UBS Group boosted their price target on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €121.22 ($140.95).

Shares of SAP stock opened at €121.06 ($140.77) on Friday. SAP has a 12-month low of €83.95 ($97.62) and a 12-month high of €125.00 ($145.35). The firm has a market cap of $144.50 billion and a price-to-earnings ratio of 44.36. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41. The company has a fifty day moving average price of €116.76.

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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