SAP (ETR:SAP) Given a €135.00 Price Target by Warburg Research Analysts

SAP (ETR:SAPGet Rating) has been assigned a €135.00 ($145.16) price objective by research analysts at Warburg Research in a research note issued to investors on Wednesday, Borsen Zeitung reports. Warburg Research’s price target suggests a potential upside of 38.93% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. The Goldman Sachs Group set a €135.00 ($145.16) price objective on SAP in a research note on Wednesday, April 13th. UBS Group set a €145.00 ($155.91) target price on SAP in a research note on Monday, March 21st. Credit Suisse Group set a €152.00 ($163.44) target price on SAP in a research note on Thursday, March 31st. JPMorgan Chase & Co. set a €135.00 ($145.16) target price on SAP in a research note on Thursday, January 27th. Finally, Berenberg Bank set a €135.00 ($145.16) target price on SAP in a research note on Friday, January 28th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, SAP has an average rating of “Buy” and a consensus price target of €138.29 ($148.69).

Shares of ETR SAP opened at €97.17 ($104.48) on Wednesday. The business’s 50 day moving average is €101.14 and its two-hundred day moving average is €114.03. The company has a debt-to-equity ratio of 32.79, a current ratio of 1.24 and a quick ratio of 1.15. SAP has a 1-year low of €94.48 ($101.59) and a 1-year high of €129.74 ($139.51). The stock has a market capitalization of $114.62 billion and a P/E ratio of 21.82.

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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