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

SAP (ETR:SAPGet Rating) has been assigned a €135.00 ($145.16) target price by investment analysts at The Goldman Sachs Group in a research note issued to investors on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s price target points to a potential upside of 38.36% from the company’s previous close.

A number of other research firms have also recently commented on SAP. Deutsche Bank Rese… set a €120.00 ($129.03) target price on shares of SAP in a report on Monday. Warburg Research set a €135.00 ($145.16) price objective on shares of SAP in a research note on Wednesday, April 20th. Barclays set a €128.00 ($137.63) target price on shares of SAP in a research note on Monday. Deutsche Bank Aktiengesellschaft set a €145.00 ($155.91) price target on SAP in a research note on Friday, January 28th. Finally, Jefferies Financial Group set a €154.00 ($165.59) price objective on SAP in a research report on Thursday, January 27th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, SAP has a consensus rating of “Buy” and a consensus target price of €136.40 ($146.67).

SAP traded down €1.99 ($2.14) during trading on Monday, hitting €97.57 ($104.91). 5,263,431 shares of the stock traded hands, compared to its average volume of 3,430,000. The business has a 50 day moving average price of €100.51 and a 200 day moving average price of €113.63. 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 twelve month low of €94.48 ($101.59) and a twelve month high of €129.74 ($139.51). The company has a market cap of $115.09 billion and a price-to-earnings ratio of 21.91.

SAP Company Profile (Get Rating)

SAP SE, together with its subsidiaries, operates as an enterprise application software company worldwide. The company operates through three segments: Applications, Technology & Support; Qualtrics; and Services. It offers SAP S/4HANA, an ERP suite with intelligent technologies, such as artificial intelligence, machine learning, and advanced analytics; SAP SuccessFactors Human Experience Management provides cloud-based solutions, such as a human resources management system for core HR and payroll, talent management, employee experience management, and people analytics; and intelligent spend management solutions, including products branded under the SAP Ariba, SAP Concur, and SAP Fieldglass names.

Further Reading

Analyst Recommendations for SAP (ETR:SAP)

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