SAP SE (SAP) Given a €94.00 Price Target by Morgan Stanley Analysts

SAP SE (ETR:SAP) received a €94.00 ($100.00) price objective from equities research analysts at Morgan Stanley in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock.

Several other equities analysts have also commented on the stock. Goldman Sachs Group Inc set a €100.00 ($106.38) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Thursday, January 5th. JPMorgan Chase & Co. set a €95.00 ($101.06) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Monday, December 12th. Independent Research GmbH set a €85.00 ($90.43) price target on shares of SAP SE and gave the stock a “neutral” rating in a research report on Wednesday, January 11th. Warburg Research set a €97.00 ($103.19) price target on shares of SAP SE and gave the stock a “buy” rating in a research report on Wednesday, January 25th. Finally, Societe Generale set a €90.00 ($95.74) price objective on shares of SAP SE and gave the stock a “neutral” rating in a research note on Tuesday, January 24th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of €91.80 ($97.65).

Analyst Recommendations for SAP SE (ETR:SAP)

SAP SE (ETR:SAP) traded up 0.266% during mid-day trading on Monday, reaching €91.212. 2,798 shares of the company traded hands. SAP SE has a 52-week low of €63.00 and a 52-week high of €91.30. The stock has a 50 day moving average price of €87.64 and a 200-day moving average price of €82.25. The company has a market capitalization of €109.33 billion and a P/E ratio of 30.004.

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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.

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