JPMorgan Chase & Co. set a €115.00 ($133.72) price objective on SAP (ETR:SAP) in a research note published on Thursday morning. The brokerage currently has a buy rating on the technology company’s stock.
SAP has been the topic of several other reports. Baader Bank set a €112.00 ($130.23) price objective on shares of SAP and gave the company a buy rating in a report on Monday, October 8th. Royal Bank of Canada set a €110.00 ($127.91) price objective on shares of SAP and gave the company a neutral rating in a report on Tuesday. Berenberg Bank set a €106.00 ($123.26) price objective on shares of SAP and gave the company a buy rating in a report on Friday, July 20th. Morgan Stanley set a €105.00 ($122.09) price objective on shares of SAP and gave the company a neutral rating in a report on Tuesday, October 9th. Finally, Jefferies Financial Group set a €120.00 ($139.53) price objective on shares of SAP and gave the company a buy rating in a report on Thursday, July 5th. Six analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €113.41 ($131.87).
Shares of SAP stock traded up €0.92 ($1.07) during trading hours on Thursday, hitting €95.30 ($110.81). The company’s stock had a trading volume of 5,046,374 shares, compared to its average volume of 3,430,000. SAP has a 12-month low of €81.37 ($94.62) and a 12-month 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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