Barclays Reiterates “€110.00” Price Target for SAP (SAP)

SAP (ETR:SAP) has been given a €110.00 ($130.95) price target by investment analysts at Barclays in a note issued to investors on Friday. The firm presently has a “buy” rating on the technology company’s stock. Barclays’ target price would indicate a potential upside of 14.45% from the company’s previous close.

A number of other research firms have also issued reports on SAP. Morgan Stanley set a €111.00 ($132.14) target price on SAP and gave the stock a “buy” rating in a report on Monday, December 18th. UBS Group set a €98.00 ($116.67) target price on SAP and gave the stock a “neutral” rating in a report on Thursday, November 9th. Goldman Sachs Group set a €112.00 ($133.33) target price on SAP and gave the stock a “buy” rating in a report on Friday, November 17th. Commerzbank set a €99.00 ($117.86) price target on SAP and gave the stock a “neutral” rating in a research note on Friday, December 15th. Finally, JPMorgan Chase & Co. set a €105.00 ($125.00) price target on SAP and gave the stock a “buy” rating in a research note on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of €101.25 ($120.54).

SAP (ETR:SAP) opened at €96.11 ($114.42) on Friday. The stock has a market capitalization of $118,070.00 and a PE ratio of 31.10. SAP has a fifty-two week low of €81.72 ($97.29) and a fifty-two week high of €100.70 ($119.88).

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About SAP

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.

Analyst Recommendations for SAP (ETR:SAP)

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