The Goldman Sachs Group Analysts Give SAP (ETR:SAP) a €135.00 Price Target

The Goldman Sachs Group set a €135.00 ($146.74) target price on SAP (ETR:SAPGet Rating) in a research note issued to investors on Wednesday, Borsen Zeitung reports.

SAP has been the subject of a number of other research reports. Baader Bank set a €150.00 ($163.04) target price on shares of SAP in a research report on Tuesday. Credit Suisse Group set a €152.00 ($165.22) target price on SAP in a research note on Thursday, March 31st. Barclays set a €128.00 ($139.13) target price on SAP in a research note on Monday, March 21st. UBS Group set a €145.00 ($157.61) price objective on SAP in a research note on Monday, March 21st. Finally, JPMorgan Chase & Co. set a €135.00 ($146.74) target price on SAP in a research report on Thursday, January 27th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, SAP currently has an average rating of Buy and a consensus price target of €138.29 ($150.31).

Shares of SAP stock opened at €96.85 ($105.27) on Wednesday. SAP has a twelve month low of €94.48 ($102.70) and a twelve month high of €129.74 ($141.02). The firm has a 50-day moving average price of €102.16 and a 200 day moving average price of €114.70. The company has a current ratio of 1.24, a quick ratio of 1.15 and a debt-to-equity ratio of 32.79. The company has a market capitalization of $114.24 billion and a price-to-earnings ratio of 22.07.

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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