SAP SE (ETR:SAP) has been given a €108.00 ($124.14) price objective by equities research analysts at Goldman Sachs Group, Inc. (The) in a report released on Friday. The brokerage currently has a “buy” rating on the technology company’s stock.
Other research analysts have also recently issued research reports about the company. Commerzbank Ag set a €100.00 ($114.94) price objective on SAP SE and gave the stock a “buy” rating in a research report on Tuesday, April 18th. Deutsche Bank AG set a €97.00 ($111.49) price objective on SAP SE and gave the stock a “buy” rating in a research report on Tuesday, April 18th. Bank of America Corporation set a €98.00 ($112.64) price objective on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, April 12th. Citigroup Inc. set a €106.00 ($121.84) price objective on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, April 12th. Finally, Barclays PLC set a €95.00 ($109.20) price objective on SAP SE and gave the stock a “buy” rating in a research report on Tuesday, April 11th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of €96.52 ($110.94).
Shares of SAP SE (ETR SAP) opened at 89.91 on Friday. The stock has a market cap of €107.80 billion and a price-to-earnings ratio of 30.07. SAP SE has a one year low of €75.00 and a one year high of €96.32. The company has a 50-day moving average of €93.25 and a 200 day moving average of €90.37.
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About SAP SE
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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