SAP SE (ETR:SAP) received a €94.00 ($100.00) target price from investment analysts at Morgan Stanley in a research note issued on Thursday. The firm presently has a “buy” rating on the stock.
Several other analysts have also issued reports on SAP. Commerzbank Ag set a €100.00 ($106.38) price objective on SAP SE and gave the stock a “buy” rating in a report on Tuesday, April 4th. Baader Bank set a €95.00 ($101.06) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, March 21st. Kepler Capital Markets set a €82.00 ($87.23) target price on shares of SAP SE and gave the stock a “neutral” rating in a research report on Friday, February 10th. Berenberg Bank set a €94.00 ($100.00) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, January 31st. Finally, S&P Global set a €95.00 ($101.06) target price on shares of SAP SE and gave the stock a “neutral” rating in a research report on Wednesday, March 22nd. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of €91.93 ($97.80).
SAP SE (ETR:SAP) opened at 92.101 on Thursday. The firm has a market cap of €110.39 billion and a PE ratio of 30.296. The company has a 50 day moving average price of €89.82 and a 200 day moving average price of €83.49. SAP SE has a 1-year low of €63.00 and a 1-year high of €92.92.
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About SAP SE
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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