SAP (ETR:SAP) Given a €120.00 Price Target at UBS Group

UBS Group set a €120.00 ($129.03) price objective on SAP (ETR:SAPGet Rating) in a research report released on Tuesday morning, Borsen Zeitung reports.

A number of other equities analysts have also weighed in on the stock. Bryan, Garnier & Co set a €130.00 ($139.78) price objective on shares of SAP in a research report on Wednesday, December 14th. Berenberg Bank set a €110.00 ($118.28) price objective on shares of SAP in a research note on Wednesday, October 26th. Credit Suisse Group set a €120.00 ($129.03) target price on SAP in a report on Monday, January 2nd. The Goldman Sachs Group set a €111.00 ($119.35) price target on SAP in a report on Tuesday, October 25th. Finally, Morgan Stanley set a €125.00 ($134.41) price target on SAP in a research report on Monday, December 12th.

SAP Stock Up 0.1 %

Shares of ETR:SAP opened at €104.68 ($112.56) on Tuesday. The firm’s 50 day moving average price is €101.64 and its 200 day moving average price is €93.06. The stock has a market cap of $122.43 billion and a price-to-earnings ratio of 38.44. SAP has a fifty-two week low of €79.58 ($85.57) and a fifty-two week high of €125.40 ($134.84). The company has a quick ratio of 0.92, a current ratio of 1.03 and a debt-to-equity ratio of 20.77.

About SAP

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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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