SAP (ETR:SAP) has been assigned a €116.00 ($134.88) price target by equities research analysts at Citigroup in a research note issued on Thursday. The brokerage currently has a “buy” rating on the technology company’s stock. Citigroup’s price target would suggest a potential upside of 19.54% from the company’s current price.
A number of other research analysts also recently commented on SAP. Jefferies Financial Group set a €120.00 ($139.53) target price on SAP and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. set a €115.00 ($133.72) target price on SAP and gave the company a “buy” rating in a research note on Thursday. UBS Group set a €108.00 ($125.58) target price on SAP and gave the company a “neutral” rating in a research note on Thursday. Berenberg Bank set a €106.00 ($123.26) target price on SAP and gave the company a “buy” rating in a research note on Friday, July 20th. Finally, Credit Suisse Group set a €120.00 ($139.53) target price on SAP and gave the company a “buy” rating in a research note on Monday, June 25th. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of €112.95 ($131.34).
Shares of ETR SAP opened at €97.04 ($112.84) on Thursday. SAP has a one year low of €81.37 ($94.62) and a one year high of €100.70 ($117.09).
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.
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