SAP (ETR:SAP) PT Set at €135.00 by The Goldman Sachs Group

SAP (ETR:SAPGet Rating) received a €135.00 ($146.74) price objective from equities researchers at The Goldman Sachs Group in a research note issued on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s target price points to a potential upside of 26.19% from the company’s current price.

A number of other brokerages have also weighed in on SAP. Deutsche Bank Aktiengesellschaft set a €120.00 ($130.43) target price on SAP in a research report on Thursday, January 12th. UBS Group set a €120.00 ($130.43) price target on shares of SAP in a research report on Tuesday, January 10th. Morgan Stanley set a €125.00 ($135.87) price target on shares of SAP in a research report on Monday, December 12th. Barclays set a €130.00 ($141.30) price target on shares of SAP in a research report on Monday, November 21st. Finally, Credit Suisse Group set a €120.00 ($130.43) price target on shares of SAP in a research report on Monday, January 2nd.

SAP Price Performance

Shares of ETR:SAP opened at €106.98 ($116.28) on Thursday. SAP has a fifty-two week low of €79.58 ($86.50) and a fifty-two week high of €125.40 ($136.30). The business has a 50-day simple moving average of €103.08 and a two-hundred day simple moving average of €93.96. The company has a debt-to-equity ratio of 20.77, a quick ratio of 0.92 and a current ratio of 1.03. The firm has a market cap of $125.12 billion and a price-to-earnings ratio of 39.15.

SAP Company Profile

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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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