SAP SE (ETR:SAP) has been given a €100.00 ($114.94) price target by analysts at Credit Suisse Group in a research report issued on Friday. The brokerage presently has a “buy” rating on the technology company’s stock.
Several other brokerages also recently commented on SAP. Baader Bank set a €95.00 ($109.20) target price on SAP SE and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Commerzbank Ag set a €100.00 ($114.94) target price on SAP SE and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Royal Bank Of Canada set a €85.00 ($97.70) target price on SAP SE and gave the stock a “neutral” rating in a research note on Wednesday, April 19th. Goldman Sachs Group, Inc. (The) set a €110.00 ($126.44) target price on SAP SE and gave the stock a “buy” rating in a research note on Wednesday, April 19th. Finally, Deutsche Bank AG set a €97.00 ($111.49) target price on SAP SE and gave the stock a “buy” rating in a research note on Tuesday, April 18th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. SAP SE presently has a consensus rating of “Buy” and a consensus price target of €96.87 ($111.34).
SAP SE (ETR:SAP) traded down 2.07% during midday trading on Friday, reaching €88.85. 5,603 shares of the company’s stock traded hands. The stock has a 50-day moving average of €93.25 and a 200 day moving average of €90.37. The company has a market cap of €106.53 billion and a P/E ratio of 29.72. SAP SE has a 52-week low of €75.00 and a 52-week high of €96.32.
TRADEMARK VIOLATION NOTICE: This piece was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://stocknewstimes.com/2017/07/21/sap-se-sap-pt-set-at-100-00-by-credit-suisse-group.html.
SAP SE Company Profile
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).
Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with MarketBeat.com's FREE daily email newsletter.
