Goldman Sachs Group, Inc. (The) Reiterates “€110.00” Price Target for SAP SE (SAP)

Goldman Sachs Group, Inc. (The) set a €110.00 ($117.02) price target on SAP SE (ETR:SAP) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently commented on SAP. Berenberg Bank set a €94.00 ($100.00) price objective on shares of SAP SE and gave the company a buy rating in a research report on Monday, October 24th. Societe Generale set a €90.00 ($95.74) price objective on shares of SAP SE and gave the company a neutral rating in a research report on Monday, October 24th. Deutsche Bank AG set a €90.00 ($95.74) price objective on shares of SAP SE and gave the company a neutral rating in a research report on Monday, October 24th. HSBC Holdings plc set a €93.00 ($98.94) price objective on shares of SAP SE and gave the company a buy rating in a research report on Monday, October 24th. Finally, S&P Global Inc. set a €95.00 ($101.06) price objective on shares of SAP SE and gave the company a buy rating in a research report on Friday, October 21st. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of €90.66 ($96.45).

Analyst Recommendations for SAP SE (ETR:SAP)

SAP SE (ETR:SAP) opened at 87.80 on Wednesday. SAP SE has a one year low of €63.00 and a one year high of €87.80. The company has a market cap of €105.27 billion and a P/E ratio of 28.98. The company has a 50-day moving average of €83.96 and a 200 day moving average of €80.36.

This article was posted by sleekmoney and is the property of of sleekmoney. If you are reading this article on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this article can be accessed at http://sleekmoney.com/goldman-sachs-group-inc-the-reiterates-110-00-price-target-for-sap-se-sap/1659290.html.

About SAP SE

SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/goldman-sachs-group-inc-the-reiterates-110-00-price-target-for-sap-se-sap/1659290.html

Receive News & Ratings for SAP SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP SE and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *