SAP SE (ETR:SAP) has been given a €102.00 ($112.09) price objective by equities research analysts at Morgan Stanley in a research report issued on Friday. The firm presently has a “buy” rating on the technology company’s stock.
Several other brokerages also recently weighed in on SAP. Deutsche Bank AG set a €90.00 ($98.90) price target on SAP SE and gave the stock a “buy” rating in a report on Wednesday, March 22nd. Citigroup Inc set a €106.00 ($116.48) price target on SAP SE and gave the stock a “buy” rating in a report on Wednesday, April 26th. Independent Research GmbH set a €87.00 ($95.60) price target on SAP SE and gave the stock a “neutral” rating in a report on Tuesday, January 24th. Baader Bank set a €95.00 ($104.40) price target on SAP SE and gave the stock a “buy” rating in a report on Tuesday, March 21st. Finally, Commerzbank Ag set a €100.00 ($109.89) price target on SAP SE and gave the stock a “buy” rating in a report on Tuesday, April 18th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eighteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of €94.58 ($103.93).
Shares of SAP SE (ETR:SAP) traded down 0.246% during midday trading on Friday, hitting €93.773. The stock had a trading volume of 1,820 shares. SAP SE has a 52-week low of €63.00 and a 52-week high of €95.49. The company’s 50 day moving average is €92.48 and its 200 day moving average is €85.97. The company has a market cap of €112.43 billion and a PE ratio of 31.362.
SAP SE Company Profile
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).
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