SAP (ETR:SAP – Get Rating) received a €120.00 ($126.32) target price from analysts at Jefferies Financial Group in a report released on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price target would indicate a potential upside of 28.94% from the stock’s current price.
Several other equities analysts have also recently weighed in on SAP. The Goldman Sachs Group set a €130.00 ($136.84) price target on SAP in a report on Wednesday. Barclays set a €128.00 ($134.74) price target on SAP in a report on Monday, April 25th. Berenberg Bank set a €135.00 ($142.11) target price on SAP in a report on Friday, January 28th. Baader Bank set a €150.00 ($157.89) target price on SAP in a report on Friday, April 22nd. Finally, Warburg Research set a €135.00 ($142.11) target price on SAP in a report on Wednesday, April 20th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of €130.71 ($137.59).
ETR SAP opened at €93.07 ($97.97) on Thursday. The business’s fifty day moving average price is €98.67 and its 200-day moving average price is €111.34. The stock has a market capitalization of $109.78 billion and a price-to-earnings ratio of 22.14. The company has a debt-to-equity ratio of 40.39, a current ratio of 1.11 and a quick ratio of 1.02. SAP has a 1-year low of €90.33 ($95.08) and a 1-year high of €129.74 ($136.57).
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.
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