J P Morgan Chase & Co Analysts Give SAP SE (SAP) a €105.00 Price Target

SAP SE (ETR:SAP) has been assigned a €105.00 ($122.09) price objective by equities researchers at J P Morgan Chase & Co in a report released on Monday, July 17th. The brokerage presently has a “buy” rating on the technology company’s stock.

A number of other analysts have also recently issued reports on SAP. Morgan Stanley set a €94.00 ($109.30) target price on SAP SE and gave the company a “buy” rating in a research report on Monday, March 20th. Baader Bank set a €95.00 ($110.47) target price on SAP SE and gave the company a “buy” rating in a research report on Tuesday, March 21st. S&P Global set a €95.00 ($110.47) price objective on SAP SE and gave the stock a “neutral” rating in a research report on Wednesday, March 22nd. Deutsche Bank AG set a €90.00 ($104.65) price objective on SAP SE and gave the stock a “buy” rating in a research report on Wednesday, March 22nd. Finally, UBS AG set a €93.00 ($108.14) price objective on SAP SE and gave the stock a “neutral” rating in a research report on Monday, March 27th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of €97.21 ($113.04).

Shares of SAP SE (ETR SAP) opened at 90.484 on Monday. The firm’s 50-day moving average is €92.15 and its 200 day moving average is €90.63. SAP SE has a 12 month low of €75.00 and a 12 month high of €96.32. The company has a market capitalization of €108.48 billion and a price-to-earnings ratio of 31.528.

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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).