SAP SE (ETR:SAP) has been assigned a €70.00 ($77.78) price objective by research analysts at Oddo Securities in a report issued on Tuesday. The firm currently has a a “sell” rating on the stock.
Several other equities research analysts also recently commented on the company. Jefferies Group set a €63.50 ($70.56) target price on SAP SE and gave the stock a “sell” rating in a report on Monday, June 13th. Morgan Stanley set a €83.00 ($92.22) target price on SAP SE and gave the stock a “buy” rating in a report on Tuesday, June 14th. Berenberg Bank set a €83.00 ($92.22) target price on SAP SE and gave the stock a “buy” rating in a report on Tuesday, June 14th. Sanford C. Bernstein set a €83.00 ($92.22) target price on SAP SE and gave the stock a “buy” rating in a report on Thursday, June 16th. Finally, Commerzbank AG set a €90.00 ($100.00) target price on SAP SE and gave the stock a “buy” rating in a report on Friday, June 17th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the company’s stock. SAP SE has a consensus rating of “Buy” and an average target price of €83.34 ($92.60).
SAP SE (ETR:SAP) traded down 0.325% on Tuesday, hitting €80.699. The stock had a trading volume of 1,825 shares. SAP SE has a 52 week low of €63.00 and a 52 week high of €82.57. The firm has a 50-day moving average of €79.68 and a 200 day moving average of €73.46. The company has a market capitalization of €96.69 billion and a price-to-earnings ratio of 27.107.
SAP SE Company Profile
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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