SAP (ETR:SAP) Given a €112.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €112.00 ($133.33) price objective on SAP (ETR:SAP) in a report released on Friday, November 17th. The brokerage currently has a buy rating on the technology company’s stock.

Other analysts also recently issued reports about the stock. Independent Research set a €95.00 ($113.10) price target on shares of SAP and gave the company a neutral rating in a report on Thursday, July 20th. Morgan Stanley set a €102.00 ($121.43) price objective on shares of SAP and gave the stock a buy rating in a research note on Wednesday, October 4th. Warburg Research set a €105.00 ($125.00) price objective on shares of SAP and gave the stock a buy rating in a research note on Friday, July 21st. Nord/LB set a €104.00 ($123.81) price objective on shares of SAP and gave the stock a buy rating in a research note on Thursday, July 20th. Finally, S&P Global set a €95.00 ($113.10) price objective on shares of SAP and gave the stock a neutral rating in a research note on Thursday, July 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of €100.88 ($120.09).

SAP (ETR:SAP) traded up €0.44 ($0.52) during trading hours on Friday, reaching €95.00 ($113.10). The company’s stock had a trading volume of 1,955,948 shares, compared to its average volume of 2,030,000. SAP has a 1 year low of €75.52 ($89.90) and a 1 year high of €100.70 ($119.88).

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SAP Company Profile

SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.

Analyst Recommendations for SAP (ETR:SAP)

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