SAP SE (ETR:SAP) received a €95.00 ($104.40) price objective from equities researchers at Commerzbank AG in a note issued to investors on Tuesday. The brokerage presently has a a “buy” rating on the stock.
Several other equities research analysts have also commented on SAP. BNP Paribas set a €59.00 ($64.84) price target on SAP SE and gave the stock a “sell” rating in a research note on Monday, June 27th. Sanford C. Bernstein set a €83.00 ($91.21) price target on SAP SE and gave the stock a “buy” rating in a research note on Monday, June 27th. Goldman Sachs Group Inc. set a €85.00 ($93.41) price target on SAP SE and gave the stock a “buy” rating in a research note on Tuesday, June 28th. HSBC set a €76.00 ($83.52) price target on SAP SE and gave the stock a “buy” rating in a research note on Thursday, June 30th. Finally, Barclays PLC set a €95.00 ($104.40) target price on SAP SE and gave the company a “buy” rating in a research note on Thursday, June 30th. 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 stock. SAP SE has a consensus rating of “Buy” and a consensus target price of €83.34 ($91.58).
SAP SE (ETR:SAP) opened at 79.986 on Tuesday. The firm’s 50-day moving average price is €79.91 and its 200 day moving average price is €73.75. SAP SE has a 52-week low of €63.00 and a 52-week high of €82.57. The firm has a market cap of €95.84 billion and a price-to-earnings ratio of 26.868.
About SAP SE
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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