SAP SE (SAP) Given a €108.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Goldman Sachs Group, Inc. (The) set a €108.00 ($125.58) price objective on SAP SE (ETR:SAP) in a research note issued to investors on Friday, July 21st. The brokerage currently has a buy rating on the technology company’s stock.

SAP has been the topic of several other research reports. Morgan Stanley set a €102.00 ($118.60) target price on SAP SE and gave the company a buy rating in a research report on Friday, May 19th. Royal Bank Of Canada set a €85.00 ($98.84) target price on SAP SE and gave the company a neutral rating in a research report on Wednesday, April 19th. Independent Research GmbH set a €95.00 ($110.47) target price on SAP SE and gave the company a neutral rating in a research report on Thursday, July 20th. Barclays PLC set a €110.00 ($127.91) target price on SAP SE and gave the company a buy rating in a research report on Friday, July 7th. Finally, S&P Global set a €95.00 ($110.47) target price on SAP SE and gave the company a neutral rating in a research report on Thursday, July 20th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of €97.21 ($113.04).

Shares of SAP SE (ETR:SAP) opened at 90.125 on Friday. The stock’s 50 day moving average price is €92.15 and its 200-day moving average price is €90.63. The stock has a market cap of €108.05 billion and a price-to-earnings ratio of 31.402. SAP SE has a 1-year low of €75.00 and a 1-year high of €96.32.

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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).