SAP (ETR:SAP) received a €125.00 ($145.35) price objective from equities researchers at Baader Bank in a research report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the technology company’s stock. Baader Bank’s price target points to a potential upside of 11.61% from the stock’s current price.
Several other equities research analysts also recently commented on SAP. Morgan Stanley upped their price target on shares of Williams-Sonoma from $52.00 to $56.00 and gave the company an “underweight” rating in a research report on Wednesday, July 10th. HSBC downgraded shares of Huazhu Group from a “buy” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. restated a “top pick” rating on shares of in a research report on Thursday, July 4th. Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, Barclays restated an “underweight” rating and issued a GBX 600 ($7.84) price target on shares of in a research report on Monday, July 8th. One 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. SAP has a consensus rating of “Buy” and an average price target of €121.65 ($141.46).
SAP stock opened at €112.00 ($130.23) on Thursday. 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 capitalization of $133.69 billion and a price-to-earnings ratio of 41.04. The company’s 50 day simple moving average is €117.54. The company has a current ratio of 1.10, a quick ratio of 1.03 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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