Several other equities analysts also recently weighed in on the company. Goldman Sachs Group set a €112.00 ($133.33) target price on SAP and gave the company a buy rating in a research report on Friday, November 17th. UBS set a €98.00 ($116.67) price objective on SAP and gave the company a neutral rating in a research report on Thursday, November 9th. J P Morgan Chase & Co set a €105.00 ($125.00) price objective on SAP and gave the company a buy rating in a research report on Friday, October 27th. Citigroup set a €105.00 ($125.00) price objective on SAP and gave the company a buy rating in a research report on Monday, October 23rd. Finally, Berenberg Bank set a €106.00 ($126.19) price objective on SAP and gave the company a buy rating in a research report on Friday, October 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €100.88 ($120.09).
Shares of SAP (ETR SAP) opened at €95.11 ($113.23) on Monday. SAP has a fifty-two week low of €75.52 ($89.90) and a fifty-two week high of €100.70 ($119.88).
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.
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