SAP (SAP) PT Set at €115.00 by JPMorgan Chase & Co.

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 Company Profile

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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Analyst Recommendations for SAP (ETR:SAP)

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