Deutsche Bank set a €135.00 ($156.98) price objective on SAP (ETR:SAP) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.
Other equities analysts have also recently issued reports about the stock. Independent Research set a €26.00 ($30.23) price objective on shares of Aareal Bank and gave the stock a neutral rating in a research note on Friday, July 5th. Sanford C. Bernstein raised shares of Zimmer Biomet from an underperform rating to a market perform rating and set a $121.71 price objective for the company in a research note on Tuesday, June 11th. UBS Group lifted their price objective on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a research note on Monday, July 8th. HSBC cut shares of EFG EUROBANK ER/ADR from a buy rating to a hold rating in a research note on Monday, June 17th. Finally, Kepler Capital Markets set a €11.00 ($12.79) target price on shares of E.On and gave the stock a buy rating in a report on Monday, May 13th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of €121.65 ($141.46).
Shares of ETR:SAP opened at €112.56 ($130.88) on Monday. SAP has a 52 week low of €83.95 ($97.62) and a 52 week high of €125.00 ($145.35). The stock has a market cap of $135.26 billion and a PE ratio of 41.25. The business has a fifty day simple moving average of €117.54. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41.
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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