A number of other research analysts have also recently commented on the company. Sanford C. Bernstein set a €83.00 ($92.22) price target on SAP SE and gave the company a buy rating in a research report on Tuesday, July 5th. Deutsche Bank AG set a €80.00 ($88.89) price target on SAP SE and gave the company a buy rating in a research report on Wednesday, July 6th. Berenberg Bank set a €83.00 ($92.22) price target on SAP SE and gave the company a buy rating in a research report on Tuesday, June 14th. BNP Paribas set a €59.00 ($65.56) price target on SAP SE and gave the company a sell rating in a research report on Monday, June 27th. Finally, Commerzbank AG set a €95.00 ($105.56) price target on SAP SE and gave the company a buy rating in a research report on Thursday, September 1st. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of €83.25 ($92.50).
SAP SE (ETR:SAP) opened at 80.811 on Wednesday. The company has a market cap of €96.83 billion and a PE ratio of 27.145. The firm has a 50-day moving average price of €79.68 and a 200-day moving average price of €73.46. SAP SE has a 52-week low of €63.00 and a 52-week high of €82.57.
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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