SAP (ETR:SAP) PT Set at €135.00 by Warburg Research

SAP (ETR:SAPGet Rating) has been given a €135.00 ($146.74) price target by stock analysts at Warburg Research in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. Warburg Research’s target price indicates a potential upside of 39.39% from the company’s previous close.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. set a €135.00 ($146.74) target price on SAP in a research report on Thursday, January 27th. Berenberg Bank set a €135.00 ($146.74) target price on SAP in a research report on Friday, January 28th. Barclays set a €128.00 ($139.13) price target on SAP in a research report on Monday, March 21st. Credit Suisse Group set a €152.00 ($165.22) price target on SAP in a research report on Thursday, March 31st. Finally, Baader Bank set a €150.00 ($163.04) price target on SAP in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, SAP currently has a consensus rating of “Buy” and an average target price of €138.29 ($150.31).

Shares of SAP opened at €96.85 ($105.27) on Thursday. The business’s 50 day moving average is €102.16 and its two-hundred day moving average is €114.70. SAP has a 52-week low of €94.48 ($102.70) and a 52-week high of €129.74 ($141.02). The firm has a market cap of $114.24 billion and a price-to-earnings ratio of 21.74. The company has a quick ratio of 1.15, a current ratio of 1.24 and a debt-to-equity ratio of 32.79.

About SAP (Get Rating)

SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management.

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Analyst Recommendations for SAP (ETR:SAP)

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